Hot Stocks: Brokerages view on Eicher Motor, Bajaj Auto, Bandhan Bank, Asian Paints

December 6, 2023

CLSA said auto stocks are fairly valued led by a sharp rally in the stock price. “Recovery in volume growth seen in the two-wheeler segment. Affordable Electric 2-W are likely to come as a drag in margins. Expect premium motorcycles to grow faster,” said the note.

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