Auto sector at cusp of a takeoff; keep away from metal: Anshul Saigal
“Commodity prices have corrected over the last one quarter and many of the logistics issues have eased. The expectation is that there will be tailwinds of demand in the auto sector as we move ahead, particularly on the CV side. These are four year cycles and we are probably in the first year of that cycle. We remain constructive on this space and think that this cycle is at the cusp of a takeoff.”
