According to Yaresh Kothari, the main concern regarding Maruti Suzuki right now is that why a change in view to expand manufacturing facilities in Gujarat after expanding the same for 3 years at Manesar plant
Yaresh Kothari, Auto analyst at Angel Broking advises holding Maruti Suzuki India.
India's largest commercial vehicle manufacturer Tata Motors surprised Dalal Street on every parameter on Friday with the second quarter (July-September) consolidated net profit surging nearly 71 percent year-on-year on Jaguar Land Rover boost.
Auto shares are likely to remain subdued in the near-term as negative pressures from rising interest rates and fuel costs slows vehicle sales growth.