That would continue to weigh on its stock as exports, hitherto the mainstay of the maker of Pulsar and Platina, are unlikely to rebound quickly due to the macroeconomic headwinds faced by African nations that give the bulk of the business to the Pune-based automaker.
Power, Hotels & Chemicals: Dipan Mehta maps out the market’s next big opportunities
Dipan Mehta advises selective investing, favoring power infrastructure, export manufacturing, and specialty chemicals. While acknowledging the hospitality sector’s strong run, he cautions about potential headwinds.