Moneycontrol's Shraddha Sharma gets in conversation with Swaraj Baggonkar to discuss the Bajaj Auto's sales strategy.
As automobile industry came to terms with the aftereffects of demonetisation, 10 passenger car brands including the likes of Maruti Suzuki‘s Swift, Hyundai's Grand i10 and Renault's Kwid showed resilience in November and December.
Hitesh Goel of Kotak Institutional Equities says, in an interview to CNBC-TV18, that while the two-wheeler segment will surge in the second-half of the year, the slump in the four-wheeler segement shows no signs of ending.
The Indian market has been consolidating for the last six-seven weeks. In an interview to CNBC-TV18, Raamdeo Agrawal, director and co founder of Motilal Oswal Financial Services says the valuations are attractive.
Anand Tandon, CEO, JRG Securities is of the view that if investors have to be in the auto sector, two-wheeler space is one of the better places to be in.
Varun Goel, Head - PMS, Karvy Private Wealth is cautious on two wheeler segment.
Angel Broking has come out with its report on auto sector. The research firm expects the two-wheeler segment to grow at a healthy rate; however, demand in the passenger vehicle (PV) segment is likely to remain subdued as rising loan rates and high fuel costs continue to dampen consumer sentiments.