Auto sector valuation premium over Nifty falls from Sept 27 peak. Time to press the gas pedal?
- Posted on March 5, 2025
- By Business News Today
- 1 Views
Auto sector valuation premium over Nifty falls from Sept 27 peak. Time to press the gas pedal?
The auto sectors valuation premium over Nifty has declined from 37% to 20%, as auto stocks fell 27% compared to Niftys 16% drop since September 2024. Weak Q3 earnings and Teslas India entry contributed to bearish sentiment, analysts say.
