GST cut and stable rates boost auto demand, says M&M
pre-market1 source ↓written by the desknot a recommendation
Mahindra & Mahindra is focusing on both ICE and EV markets, citing strong demand driven by lower GST and stable interest rates. Executive Director Rajesh Jejurikar noted that the industry faces supply constraints rather than a lack of buyers, indicating a resilient market environment. This trend suggests continued growth potential for automotive stocks.
Not investment advice. For informational purposes only.