Nuvama Institutional Equities maintains a positive outlook on the auto sector, with key picks including Hyundai Motor, Tata Motors, and Eicher Motors. They anticipate 27% revenue growth driven by industry volumes, although EBITDA growth may be limited to 10% due to cost pressures.
Nuvama Institutional Equities maintains a positive outlook on the auto sector, with key picks including Hyundai Motor, Tata Motors, and Eicher Motors. They anticipate 27% revenue growth driven by industry volumes, although EBITDA growth may be limited to 10% due to cost pressures.
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