Shares of large auto component makers tumbled on Monday, November 29. Fears over the spread of a new virus variant, Omicron, precipitated investor worries about prolonged disruption in supply chains that are already haunting the global auto industry. Noticeably, companies with significant export revenue such as Motherson Sumi Systems, Bharat Forge, Suprajit Engineering and Apollo Tyres fell hard by 7-10 percent in a single trading session. Although it is too early to conclude the impact of this variant with 32...
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