Tata Motors, Ashok Leyland, Maruti top picks: Mihir Jhaveri

Mihir Jhaveri, auto analyst at Religare Capital Markets told CNBC-TV18, "In terms of top picks we continue to like the CV space. Tata Motors, Ashok Leyland and Maruti Suzuki India are the top picks. So, out of our coverage universe we have been pushing these three stocks which we believe would deliver well. Even from results perspective they could show better numbers."

At 13:23 hrs Maruti Suzuki India was quoting at Rs 3,625, down Rs 17.55, or 0.48 percent. It has touched an intraday high of Rs 3,670 and an intraday low of Rs 3,619.35.