Hero MotoCorp, Maruti Suzuki and M&M are the top preferred bets of Sharekhan
Sharekhan expects March 2021 to be yet another strong month for the automobile industry, with demand improving across all segments, except subdued growth in three-wheeler (3W) sales and growth moderation in entry-level bikes. Sharekhan expect tractors and commercial vehicle (CV) sales to drive growth in March 2021, with passenger vehicles (PV) and two-wheelers (2W) segments reporting strong numbers, aided by robust momentum in exports
Hero MotoCorp on the back of positive sentiments in rural and semi-urban areas. In the PV space, Sharekhan likes Maruti Suzuki and expect it to maintain its market share of 50% and robust growth in exports: Reuters