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Maruti, Hyundai emerge as preferred auto picks in expected four-wheeler catch-up rally
Coherent Wealth’s Aditya Agarwal expects investor rotation from recently rallying two-wheeler stocks into passenger-vehicle makers. He names Maruti Suzuki and Hyundai as preferred picks, with Maruti seen breaking out after consolidation.
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Reported figures
From the report. Source details below
| Two-wheeler stocks gained roughly 15-20% over the past | 15-20 days |
|---|---|
| Maruti target range: | Rs 14,800-Rs 15,200 |
| Maruti entry-on-dips range: | Rs 13,800-Rs 13,750 |
| Maruti stop loss: | Rs 13,600 |
The source
Published
First seen