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VERIFIEDMint Markets·positive
Best auto stocks to buy ahead of Q2 results: Eicher, Hyundai Motor, Tata Motors PV among Nuvama’s top picks | Full list
AI Summary
- ·Nuvama Institutional Equities has identified Hyundai Motor, Tata Motors, and Eicher Motors as key picks in the auto sector.
- ·The firm expects industry revenue growth of 27% driven by volumes.
- ·EBITDA growth is projected to be around 10% due to cost pressures.