Auto Ancillary

Accelerating Ahead in Top Gear

Amidst a scorching June heat wave that has impacted automotive sales, automotive and ancillary stocks are soaring to new heights, bolstered by strong performances from the companies. Diverse perspectives on government initiatives and budgetary expectations, coupled with anticipation surrounding major IPOs, are shaping a dynamic landscape in the industry. What exactly is unfolding in the automotive industry? Mandar Wagh delves into the factors driving optimism within the industry and offers forecasts for its future trajectory