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Why you should not buy auto stocks now — ICICI Direct explains

Updated : December 31, 2019 02:10 PM IST

Auto sector is expected to witness a de-growth of 3.4 percent CAGR in FY19-21E.
Industry volumes are expected to decline by 10.5 percent in FY20E and witness a modest recovery of 4 percent in FY21E.
Why you should not buy auto stocks now — ICICI Direct explains

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