Sandip Sabharwal suggests a potentially positive outlook for commercial vehicles due to economic growth and lower interest rates, favoring companies like Ashok Leyland and Mahindra & Mahindra. He expresses caution regarding Balkrishna Industries’ entry into the mass-market tire segment, citing potential negative impacts on valuation. Sabharwal also believes that the bullishness is built into the OMC stocks.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20