Automobiles & Auto Components
Automobiles & Auto Components
SECTOR | 01 Nov 2023
ICICI Securities Limited
With disparity in Navratri periods last year in contrast to this year, PV and 2W players reported strong double-digit YoY domestic growth topped with MoM improvement, as wholesales outstripped retails propelled by seasonality. On the flipside, in CVs, volume dipped MoM by ~20% for the leaders – this is alarming.
Axis Direct released a Sector Update report for Automobiles & Auto Components on 05 May, 2025.
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