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.
Oil prices fell at Monday’s open after US President Donald Trump said he was highly unlikely to order fresh attacks on Iran as long as
Non-bank lenders and housing finance companies are expected to raise lending rates in response to proposed regulatory changes. This adjustment aims to offset potential income
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