Auto ancillary stocks: Time for a re-rating as transformation nears the finish line? 6 stocks with upside
When auto companies do well, it is an indication that the underlying health of the economy is not bad. The reason why we are using the words “not bad” (instead of “good”) is because, for a country like India, even when the economy is performing at full throttle, there will be certain segments facing some headwinds. So, “not bad”. Now comes the question: If the auto sector is doing well, what does it mean for the whole ecosystem?
When auto companies do well, it is an indication that the underlying health of the economy is not bad. The reason why we are using the words “not bad” (instead of “good”) is because, for a country like India, even when the economy is performing at full throttle, there will be certain segments facing some headwinds. So, “not bad”. Now comes the question: If the auto sector is doing well, what does it mean for the whole ecosystem?
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