Why upcoming festive season may not revive fortunes of auto stocks - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Why upcoming festive season may not revive fortunes of auto stocks

Below-normal monsoon rains that have impacted rural demand and the risk of an impending third coronavirus wave are posing a challenge for Indian vehicle makers. That’s in addition to the problems of rising input costs and a semiconductor shortage the global auto industry is faced with.

from Stocks-Markets-Economic Times
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