Dilip Bhat of Prabhudas Lilladher says the possibility of excise duty concession being withdrawn from the auto sector is a known factor and it is unlikely to impact the market much. There may be a small dent in profitability, but on a broader basis investors should continue to buy stocks such as Tata Motors, Maruti, Bajaj Auto and Hero Motocorp.
first published: Dec 31, 2014 09:46 am
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