Automotive Sector
Emkay Global Financial Services Limited | Automobiles Sector Update; 2Ws recover gradually; Pre buying impact on CV not significant
In March’17, most OEMs including Royal Enfield, Ashok Leyland and M&M (FES) reported better than expected numbers while Tata Motors CV and M&M PV posted a muted performance. We believe the impact of demonetization on […]