Chakri Lokapriya, discusses the reasons for FIIs selling, including the instability of the rupee and the potential interest rate cuts in the US. He also highlights the positive prospects for Tata Motors, citing its diverse portfolio of international and domestic vehicles and improving balance sheet. Lokapriya expects the budget to have a swing impact, particularly through increased capex and rural focus. He emphasizes the importance of L&T’s order book in driving its strong revenue growth.
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