Emkay Global Financial Services has come out with its report on auto space. The research firm expects all the companies to raise prices to more than offset the impact of excise duty hike.
- Budget 2012-13 has raised red flags which can postpone the cyclical recovery in demand/profitability for 4-wheelers Believe 2-wheelers is a safer segment despite concerns w.r.t. to ATOT
- Passenger cars
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