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Can automobile continue the growth chart ?

anilmehta's picture
Submitted by anilmehta on January 26, 2010 - 22:45

Auto industry saw an impressive rebound and big growth number. Is it a longer term trend or short term spike.  I had been going through different thought on this and I think auto companies will continue to demonstrate good growth as long as they keep innovating . These companies have lot of profit potential considering that once a customer buy automobile it needs to service and maintain the car or bike. That servicing was unorganized business so far,. But things have changed and auto companies might want to take a bite of that business . That's like FMCG of auto.

Maruti and Mahindra remainds my top picks for auto companies.


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Anil Mehta is a seasoned investor with expertise in Indian Equity markets.Anil published many white papers and columns on various magzines and newspapers.

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