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Automobile stocks will be in focus next week, as companies such as Maruti Suzuki, Tata Motors, Ashok Leyland, Mahindra & Mahindra, Eicher Motors, Hero MotoCorp, Bajaj Auto, and TVS Motor will announce their sales figures for March in the next few days.
Most analysts expect the sales figures to remain dull due to the slowdown. Any positive surprise will revive those companies’ shares, as some of them had announced a price hike from April 1, 2019.
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