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HSBC names Tata Motors CV and M&M its preferred Indian auto OEM stocks

HSBC named Tata Motors CV and Mahindra & Mahindra its preferred Indian auto OEM stocks, citing reasonable valuations, diversified revenue and structural growth. It said resilient demand and July-August price hikes may partly offset commodity-cost pressure, while affordability remains a risk.

Newer report , , ET Small Business : Tata Motors to raise commercial vehicle prices by up to 1% from Oct. 1

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Reported figures

From the report. Source details below

mid-single-digit growth in 2H

Also in the report

  • low-single-digit growth previously

Other figures

  • 1-2 years
  • Q1
  • 2Q
  • 2HFY27

The source

Source Read the source at Business Today

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