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VERIFIEDET Markets·neutral
Jefferies favours two-wheeler stocks over four-wheeler stocks as earnings gap widens
AI Summary
- ·Jefferies favors two-wheeler stocks over passenger vehicle makers due to stronger volume growth and resilient margins.
- ·TVS Motor Company and Eicher Motors are identified as top picks by Jefferies.
- ·Tata Motors Passenger Vehicles and Hyundai Motor India have Underperform ratings amid rising competition and discounts.