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Autos & Auto Components
2023 Outlook: Multi-year progress forward | High picks: TVSL, MSIL, EIM, TTMT | Underperformers: MOTHERSO, BHFC, MM | India’s auto demand is recovering from its worst slowdown in many years, and we anticipate robust 17-19% quantity CAGR for PVs, 2Ws and vans over FY22-25.
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