Letter To Editor

I went through both the special stories of the latest magazine and found the observations quite impressive, especially about Passenger Vehicles. However, the auto stock results are not as impressive. I would like to know your outlook for large-cap auto stocks. Thank you.

- Shekhar

Editor Responds: We thank you for your query and we are glad that you liked our observations in the special story. You are right to point out the unsatisfactory performance of auto companies especially large cap autos. We have a neutral view on the auto sector as of now and are bullish on select auto stocks. A weight age of not more than 10 per cent should be given to the auto sector in our view.

Hope this satisfies your query.