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VERIFIEDMint Markets·positive
Auto sector Q4 results review: Volumes, price hikes aid revenue growth, profits beat; M&M, TVS Motors top picks
AI Summary
- ·Auto OEM revenue, excluding Tata Motors PV, increased by 24.1% year-on-year in Q4.
- ·Volume growth exceeded 20% year-on-year in tractors, LCV, two-wheelers, and MHCV segments.
- ·PV and LCV segments saw volume growth in the teens.