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Automobiles Q1 Results Preview - Two-Wheeler To Drive Growth While PVs Ride Pillion: HDFC Securities

The brokerage downgrades TVS Motor and Samvardhana Motherson to Add from Buy, owing to the sharp run-up in the share prices and rich valuations.

<div class="paragraphs"><p>Vehicles at traffic signal. (Photo: Prayag Tejwani/Unsplash)</p></div>
Vehicles at traffic signal. (Photo: Prayag Tejwani/Unsplash)
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