Gurmeet Chadha on 2 NBFC picks and what to buy in auto sector
“We like TVS for the way they have changed capital allocation. There is a premiumisation playing out. Their average selling price has been steadily moving up with a nice product mix and very calibrated price hikes. That is one thing we like in the two-wheelers but first preference is more four-wheeler OEMs and some of the auto-ancillaries like UNO Minda.”
