- Impact of 7th Pay Commission on Auto sector
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Impact of 7th Pay Commission on Auto sector
#Niveza #Review on 7th #Pay #Commission :
7th Pay Commission is the biggest boost for Auto sector. Last couple of quarters were reasonably tough for the sector with few of poor global news, auto ancillaries also were on down side. But the recent 7th Pay trigger and upcoming GST can some how start the rally for the sector and helps in improving the profit margins as well. Bajaj Auto could be one of the beneficiary in the sector with better placed fundamentals. One could be bullish on the sector for coming couple of years too.
Source: Stock Market Tips
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