{
Vivek Goel

People

}

hyundai outperforms maruti suzuki amid shifting market dynamics in auto sector

Hyundai Motor India is viewed as slightly better positioned than Maruti Suzuki, primarily due to its higher SUV sales benefiting from the premiumisation trend, according to Vivek Goel, Joint MD at Tailwind Financial Services. He notes that while current valuations for both companies are similar, the overall auto sector may experience slow growth in passenger vehicles, with better prospects in the two-wheeler market. Goel maintains a defensive investment strategy, favoring sectors like pharma, IT, consumption, and banking amid weak market conditions.
Moneycontrol
Hyundai Motor Company Maruti Suzuki India Limited KOR Vivek Goel Show more
Finance & Economy, Market Report
02:33 28.10.2024
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