Indian auto stocks experienced a decline following reports of potential tariff reductions on EU-imported vehicles as part of a free trade agreement. While some manufacturers like Mahindra & Mahindra and Hyundai saw sharper drops due to their presence in higher-priced segments, analysts believe the near-term impact will be limited, with the luxury segment being the primary area affected.
This smallcap aerospace stock could soar 91%, predicts Nuvama
Nuvama has initiated coverage on Aequs with a ‘Buy’ rating and a target price of Rs 444, implying a 91% upside. The brokerage expects strong