Jefferies sees a healthy 11-18 per cent volume growth for passenger vehicles (PVs), two wheelers and trucks compounded annually over FY23-25E, with two-wheeler growth outpacing four wheelers'.
TVS Motor share price: The company launched new products in the African market with an aim to expand the company’s reach and explore new opportunities and avenues for growth in the region, it said in a regulatory filing. Get more Stocks News and Business News on Zee Business.
Tata Motors is among Jefferies’ top auto picks, given the cyclical recovery and improving franchise in India, early leadership in India EVs, and JLR focus returning to higher margin Land Rover models