PN Vijay, Portfolio Manager is continues to bet on Maruti Suzuki.
Vijay told CNBC-TV18, "Hero Motocorp will be a risk buy. The sector is not doing too well. Also, Hero Motocorp being the leader has a big to remain the leader.”
He further added, "I would continue to place my bets on Maruti Suzuki which I think will ride out because it is a consumption-demand story, much faster and Mahindra where good monsoons may give a sharp uptake to tractor output. So these are relatively safer havens. Where a sector is doing badly, you shouldn’t be a hero. When a sector is doing extremely well, you can try to be a hero but it is better to play safe."
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