Buy Tata Motors, M&M, Ashok Leyland, Bajaj Auto; hold Maruti, Hero Motocorp: Mahantesh Sabarad
By Devina Menon | Published On: July 03, 2012 09:50 (IST) | Duration: 7 min, 18 sec
In a chat with NDTV Profit's Devina Menon, Mahantesh Sabarad, Senior Vice President - Equity Research, Fortune Equity Brokers (India) Limited, discusses the future of the automobile industry. He feels that the second half will be better for the automobile industry. "Hold Maruti and Hero Motocorp. Also buy Tata Motors, M&M, Ashok Leyland and Bajaj Auto," he said. He is bullish on Escorts.