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Bloomberg Quint

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Image Credit: Bloomberg Quint

M&M, Eicher Motors & More — Nirmal Bang's Top Stock Picks In Auto, Auto Ancillary Pack; Q1 Results Preview

  • Nirmal Bang's top stock picks in the auto and auto ancillary sector are M&M in four-wheelers and Eicher Motors in two-wheelers.
  • Auto and ancillary margins may decrease for OEMs due to rising steel and precious metal prices, but scale could mitigate the impact of raw material cost increases.
  • Nirmal Bang is optimistic about ASK Automotive's collaborations with global leaders and has upgraded Suprajit to Buy based on its manufacturing strategy.
  • The article provides insights on the preferred stocks in the auto and auto ancillary sector and the factors influencing their performance.

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