Everybody would like to keep stocks low at the end of December. That means the wholesale should not be large in December from the OEM side and also a big push in retails for December. That means for some models, where the stock levels are skewed towards the higher side, will see a higher retail push. I would expect the discount levels in those models to go up.”
Maruti Suzuki: Everybody would like to keep stocks low at the end of December. That means the wholesale should not be large in December from the OEM side and also a big push in retails for December. That means for some models, where the stock levels are skewed towards the higher side, will see a higher retail push. I would expect the discount levels in those models to go up.”
Nomura India has maintained its ‘Buy’ on M&M, Bajaj Auto, Ashok Leyland and Tata Motors. Sharekhan likes auto stocks such as Ashok Leyland, Tata Motors, Bajaj Auto, Maruti Suzuki and Escorts.
The auto space is back in the game after a very long time. The decline in major commodity prices has been fruitful and margins have already started to improve. Amid this positive environment, let s find out between Maruti Suzuki and M&M, which auto major is a better investment for the long term.