US EditionAuto Sector Likely to Post Weak Q4 Results Amid Sluggish Demand: HDFC Securities
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Auto Sector Likely to Post Weak Q4 Results Amid Sluggish Demand: HDFC Securities
The Indian automobile sector is expected to report weak earnings for the fourth quarter due to subdued demand across both domestic and international markets, according to a report by HDFC Securities. The report highlighted ongoing challenges for auto companies, stating that global trade complexities and potential changes in India’s trade terms could weigh on growth. The sector may face prolonged headwinds stemming from higher U.S. tariffs and a …
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