Vishal Jajoo, Senior Equity Research Analyst at Nirmal Bang Securities told CNBC-TV18, "Amongst the passenger vehicles I will still prefer Maruti Suzuki, which has the potential but if you look at the global numbers, obviously Tata Motors comes up somewhere mid way but Tata Motors would continue with its one way rally and in spite of the run up that we had seen Tata Motors has got a long way to go.”
He further added, “In the two wheeler segment Hero Motocorp because now we don’t have the fears as adverse as we had with regard to it earlier in all the drought situation and Hero has gone into a different league. Now we no more discuss that what the competitor Honda has got against it or how the things are moving up. It is a 5.8 lakh or 6 lakh per month bike kind of a company and it has got into a different league now.”
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