Tata Motors and TVS Motors are well-positioned for both present sales and future growth in electric vehicles (EVs), says Chakri Lokapriya, CIO & MD of TCG AMC. While EVs are gaining popularity, they only make up around 5%-7% of sales lending much importance to traditional petrol and diesel models. In addition, Lokapriya say the current rally in India’s stock market could continue due to improved business conditions, offering a positive outlook in NBFCs such as Cholamandalam Finance and M&M Financials.
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