Auto stocks | L&T Stocks: L&T may not meet market expectations; there’s value in auto stocks: Nischal Maheshwari

“I do not see there is a very strong demand revival as far as the rural is concerned. This was possibly a very strong marriage season and that is why we have seen these okay kinds of numbers for the autos. We like autos because of valuation and not because of strong recovery being forecast in the next one or two quarters,” says Nischal Maheshwari, CEO-Institutional Equities, Centrum Broking.

What is your advice? Wait for the dust to settle down or could we slowly be coming to a bottom…

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