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Investors should be equal to overweight in auto, auto ancillaries. The next two, three years could be a good growth phase for the sector as a whole, says
Elixir Equities.
Newer names keep cropping up on the government’s divestment list. Would you wait it out to see how the first divestment pans out?
The entire privatisation is going to be a very interesting process and the last time it was was done was many years ago when the Vajpayee government was there and when they privatised BSNL and Hindustan Zinc. That was a fabulous opportunity for the government to unlock value as well as the acquirer who built a great company thereafter.