The two-wheeler (2W) sector is poised for growth, driven by a resurgence in rural demand and increasing electric vehicle (EV) adoption, said Macquarie.
The forecast by the brokerage anticipates low-teens growth in 2W industry volumes for FY25.
Here's what the brokerage makes of several stocks from the sector.
Rating: Outperform Target: Rs 5,967
Rating: Neutral Target: Revised to Rs 10,248 from Rs 9,655
Rating: Neutral Target: Raised to Rs 4,573 from Rs 4,343
Rating: Outperform Target: Rs 3,051
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