Automobiles & Auto Components
Automobiles & Auto Components
SECTOR | 02 May 2023
ICICI Securities Limited
Domestic 2W retails in Apr’23 (1.23mn units) were down ~7% YoY as festivities (Navratri) was in March this year vs in April in CY22. Other than this factor, we do not see much deviation in the trend of gradual recovery in overall domestic 2W retails, including rural.
Axis Direct released a Sector Update report for Automobiles & Auto Components on 05 May, 2025.
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