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    Nifty Auto index stocks: Next winner might come earlier than expected

    Synopsis

    There has been a lot of talk about startups taking the space in the EV, but the fact is the old companies have also been working towards their EV plans. Given the amount of cash they are sitting with in their balance sheet, there is high probability that they will be able to launch a number of models out of which some would be successful and become the cash cows and deliver growth. So, don't write off the ability of big players, especially in two wheeler space as they might be close to getting their mojo back.

    There have been lots of reports on how the EV policy will focus on bringing TESLA to India. While one single player will get the limelight , more important will be on building an ecosystem, where EV are made in India not only for the Indian market, but over a period of time they are exported from India. It is very likely that over the next couple of quarters there would be some re-rating of select auto stocks. Of the ones which have put their
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    The Economic Times