Branch2 Intelligence
TVS Motor, M&M Or Maruti Suzuki? Brokerages Weigh In On Top Picks After June Auto Sales Data
Key takeaway
Brokerages bullish on Indian auto after June sales: TVS Motor, M&M, Maruti Suzuki top picks.
- Step 11st-order: Brokerages upgrade auto stocks after strong June sales data.
- Step 22nd-order: Increased investor demand lifts share prices of TVS Motor, M&M, Maruti Suzuki.
- Step 33rd-order: Higher valuations enable these companies to invest more in EV capacity and R&D.
- Step 44th-order: EV component suppliers and battery makers benefit from increased order books.
Source: IN:NDTV Profit
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