Bullish on Eicher Motors within the auto space: Kunj Bansal, Sanlam India

In a chat with ET Now, Kunj Bansal, Chief Investment Officer, Sanlam India, shares his views on the auto space.

ET Now: How are you approaching the autos right now?

Kunj Bansal: In the auto sector, two wheelers are not doing well. In the four wheeler segment, some of them have doing well like Maruti, Mahindra & Mahindra and Tata Motors have done well in international business. So, going forward a one-sided approach in the sector as a whole cannot be adopted.

Currently, our exposure in the automobile space is Eicher Motors. The stock has given good correction from the recent peak and we continue to remain underweight in the two wheeler space for some time.