Ashwin Patil of LKP Securities on auto sector
- 5 years ago
Hero Motocorp and Eicher Motors are under pressure. Reports suggest that two-wheeler makers are set to cut production by 15 percent from March to May. Two-wheeler inventory levels are as high as between 80 and 90 days versus normal inventory of between 20 and 30 days. Ashwin Patil of LKP Securities shared his views and readings on auto sector.