No near-term boost likely for auto stocks from Expo 2023, say analysts

Analysts, however, believe investors may adopt 'buy on dips' strategy for the pack as overall sales growth is expected to remain steady going forward

Nikita Vashisht | New Delhi
Last Updated at January 12, 2023 00:58 IST

Auto Expo 2023 may not trigger a fresh rally in automobile stocks, believe analysts, as this year's edition lacks participation from major listed players. Besides, the focus is on electric vehicles (EVs), a segment where four-wheelers have miniscule market share.

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