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ICICI Direct: Auto Sector Q2 FY21 Earnings Preview - Wheels Turning, Smart Recovery Underway

Robust auto sales in August and September point to inventory build-up at dealerships ahead of festive season, ICICI Direct says.

A cyclist crosses the Mahatma Gandhi Marg near Defence Colony in New Delhi, India (Photographer Sanjit Das/Bloomberg)
A cyclist crosses the Mahatma Gandhi Marg near Defence Colony in New Delhi, India (Photographer Sanjit Das/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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