INFO:

“The high growth prospects of the Auto Ancillary Industry make it one of the sunrise industries in the Indian markets. We like Samvardhana Motherson Sumi which is one of the world’s largest manufacturers of components for the automotive industry. We see up to 50% upside in next 1-1.5 years,” Girish Sodani, Head of Equity Market at Swastika Investmart Ltd, said.