Go for wealth management cos, not AMCs; cyclical upswing in auto: Dipan Mehta
“A 8-9% volume growth is enough to generate a 15-16% type of a top line growth in terms of revenues and that could lead to 20% type of a growth at the profit level. That is keeping a lot of players interested in the auto industry. These are mildly cyclical businesses as well. We are seeing a good cyclical upswing in the auto industry.”
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