One reason for sales growth is the flurry of new launches in 2020, especially in the compact UV segment
Sanjeev Prasad, senior executive director and co-head, Kotak Institutional Equities says that one should be overweight on IT now.
The Standing Committee on Finance has called the government's move to impose additional tax on SUVs as discriminatory. Chairman of the Committee Yashwant Sinha has written to P Chidambaram opposing the move to Tax SUVs and he wants luxury cars to be taxed instead.