Second, two-wheeler sales will continue to be strong around 12%, 13%, 14% depending on the company. Bajaj and TVS Motors I think still will continue to be strong. On the other hand passenger vehicles, some amount of inventories are building up clearly and so whether the dealer profitability will go down, does not really affect OEMs. So, I think Maruti will tread water. Commercial vehicle sales on the other hand have not picked up.
3 sectors Vinay Rajani is bullish on for near term
But overall, I feel that at lower level, they will find support and bounce back and resume their uptrend. So, as of now, the strategy
October 1, 2024