[ad_1]
Synopsis
With metal prices cooling off from their high formed in early part of 2022. A number of auto ancillary companies have a high probability of witnessing an uptick in their margins. Along with higher margins with supply chain disruption being a thing of the past, demand for automobiles have seen an increase. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Macro environment in which auto ancillaries companies operate have turned favourable after a long period of time. In the second half of 2018 it was the NBFC crisis which hit the growth of some segments of the automobile industry, which in turn led to slower demand for auto ancillary units. The lockdown during covid and finally there was a sharp spike in steel and other commodity prices. Auto and auto ancillary stocks have witnessed many issues
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Minimal Ads
Comment & Engage with ET Prime community 
Exclusive invites to Virtual Events with Industry Leaders 
A trusted team of Journalists & Analysts who can best filter signal from noise
[ad_2]
Source link
