Jefferies favours two-wheeler stocks over four-wheeler stocks as earnings gap widens
August 20, 2026
Jefferies has maintained a constructive view on India’s automobile sector while firmly preferring two-wheeler manufacturers over passenger vehicle makers, citing a widening divergence in profitability and pricing power.
Top picks and rating downgrades
Jefferies’ India autos team has highlighted TVS Motor Company and Eicher Motors as its top “Buy” picks in the segment.…
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