Dharmesh Kant Picks TVS Motor & M&M As Auto Favourites, Avoids Maruti At Current Levels

Auto stocks have taken centre stage, and Dharmesh Kant, Head of Equity Research at Chola Securities, shares his insights on the sector. According to Dharmesh Kant, a muted performance in domestic two-wheeler sales has been observed, with even Bajaj Auto witnessing a 7% decline. However, TVS Motor stands out due to its strong performance in both exports and EVs, resulting in double-digit growth in revenue and profit. TVS is Dharmesh Kant’s top pick in the two-wheeler segment. In the four-wheeler category, Mahindra & Mahindra (M&M) takes the spotlight, while he advises skipping Maruti Suzuki despite its 10% growth. For a detailed analysis and stock recommendations, watch the video now!