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Automobile sector remained subdued due to high inventory, rising cost pressures, say analysts

Updated : March 05, 2019 01:37 PM IST

Nomura said that the downside risk continues for most auto companies except Bajaj Auto.
Deutsche Bank believes that the two-wheeler (2W) witnessed a third consecutive month of decline in February 2019, on the back of strong February 18 base.
Automobile sector remained subdued due to high inventory, rising cost pressures, say analysts
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