Motilal Oswal maintains 'BUY' on 4 auto stocks
On Mahindra and Mahindra, the brokerage said that "we have factored in 6.5 per cent decline in tractor volumes for FY20". It noted that M&M`s domestic passenger UV segment grew 10 per cent YoY while the domestic pick-up segment declined 2 per cent YoY.
Motilal Oswal on Thursday said it has maintained `BUY` rating on four auto stocks: Maruti Suzuki, Eicher Motors, Mahindra & Mahindra and Tata Motors, Photo: IANS