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Auto Q2 preview: Double-digit PAT to decline for 6th quarter! This stock to more than double its loss

Updated : October 15, 2019 04:29 PM IST

The September-quarter is expected to be one of the worst quarters for auto sector in a decade with pressure across segments, said Motilal Oswal.
Auto Universe’s PAT is expected to decline 37 percent YoY in 2QFY20 off a weak base – a sixth consecutive quarter of double-digit PAT decline, the report quoted.
Loss of Tata Motors is expected to further fall 164 percent to Rs 1,480 crore versus Rs 559 crore YoY.
Auto Q2 preview: Double-digit PAT to decline for 6th quarter! This stock to more than double its loss
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