Kotak flags earnings risk for auto component makers
after close1 source ↓written by the desknot a recommendation
Kotak Institutional Equities has raised concerns over earnings pressure for auto component makers SAMIL, Bharat Forge, and Sona Comstar due to a weak global automotive outlook for 2025–26. The brokerage noted muted demand across light and commercial vehicles, retaining a 'Sell' call on Bharat Forge and SAMIL, and a 'Reduce' rating on Sona Comstar. This comes amid expensive valuations and unwarranted stock run-ups linked to the India–US trade deal expectations.
Not investment advice. For informational purposes only.