Auto Stocks, April 14 -- The earnings performance of most Original Equipment manufacturers (OEMS) is likely to remain muted during the January-March 2025 quarter or Q4FY25. The passenger vehicle sales growth remains in the slow lane as does that of two wheelers. The commercial Vehicles and tractor sales too have been a mixed bag. In the back drop analysts are not very hopefull on earnings performance of these companies.
The Auto sector as per Motilal Oswal Financial Services is likely to report a muted 1% YoY increase in earnings during Q4FY25. HSBC Securities and Capital Markets (India) Private Limited also expects a mixed bag performance and have lowered their target prices for Tata Motors to Rs.700 (from Rs.840 earlier), Bajaj Auto to...
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