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Shares of automobile companies such as Tata Motors, Maruti Suzuki, Ashok Leyland, M&M, Eicher Motors, Bajaj Auto, TVS Motor and Hero Motor Company will remain in focus, as they are set to declare their sales figures for May beginning Friday.
Automobile companies started the new financial year on a strong note with robust double-digit growth, with companies posting healthy sales in April. However, one has to see whether the momentum sustains in the face of firm fuel prices.
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