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ban sale of BS III vehicles

Domestic markets trade in green; two-wheeler, CV stocks in focus

Domestic markets trade in green; two-wheeler, CV stocks in focus

Thu, Mar 30, 2017

Motilal Oswal said, "BS III vehicles ban led to correction in auto stocks. Industry has unsold BS-III vehicles inventory of 0.82-0.90 million units as of last week Highest impact of the ban would be felt by the CV segment as significant inventory was built up in anticipation of pre-buying

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