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VERIFIEDMint Markets·neutral
Auto sector Q1 results preview: Margin pressure looms despite strong demand; Hyundai, Tata Motors PV among top picks
AI Summary
- ·The automobile sector is expected to experience strong revenue growth in Q1FY27 due to high demand.
- ·Profitability might be affected by increasing commodity costs.
- ·The West Asia conflict is cited as a reason for rising commodity costs, potentially impacting margins.