Auto upcycle gains depth; M&M and TVS Motors stand out, Siddhartha Khemka explains

India’s auto sector shows sustained post-festive momentum, with Q3 volumes up 17% year-on-year across segments. Strong demand, lean inventories and easing discounts are lifting revenues, profits and margins, supporting a positive medium-term outlook for automakers and ancillaries.

from Economic Times https://ift.tt/gHD2bXT