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ā¢ Motilal Oswal expects a relatively better scope for growth in the two-wheeler industry over the next few years, with Hero MotoCorp as its top pick.
ā¢ The brokerage also has a positive view on MHCVs and recommends Tata Motors as a passenger vehicle play.
ā¢ Commodity prices have corrected, leading to better margins for auto stocks in the September quarter.