GST cut sparks unlikely hero in auto sector. Which stocks to buy before Diwali?
The GST cut has boosted Indias auto sector, with tractors leading a 50% YoY surge and two-wheelers, PVs, and LCVs also gaining. Analysts see early festive-season traction, rural demand recovery, and strong OEM sales driving near-term growth, highlighting potential stock opportunities in tractors, PVs, two-wheelers, and auto ancillaries.
The GST cut has boosted Indias auto sector, with tractors leading a 50% YoY surge and two-wheelers, PVs, and LCVs also gaining. Analysts see early festive-season traction, rural demand recovery, and strong OEM sales driving near-term growth, highlighting potential stock opportunities in tractors, PVs, two-wheelers, and auto ancillaries.
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