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M&M, Hyundai India Poised For Gains, Auto Sector Outlook Stable For Two-Years: Macquarie's Sandeep Bhatia
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M&M, Hyundai India Poised For Gains, Auto Sector Outlook Stable For Two-Years: Macquarie's Sandeep Bhatia
Mahindra & Mahindra Ltd. and Hyundai India Ltd. shares are expected to 'do well' in the next two years as the outlook for the automobile sector is bright, according to Sandeep Bhatia, managing director, head, equity India at Macquarie Capital."For two-year term, the automobile sector's outlook is good. The low interest-rate regime will support the industry. Moreover, income will increase once the 8th pay commission gets effective which will supp…
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