Bullish on M&M: Vikas Khemani, Edelweiss Securities Ltd.

Vikas Khemani, Executive Vice President & Head-Institutional Equities, Edelweiss Securities Ltd., in a chat with ET Now, gives his call on auto stocks


When it comes to the auto space, what is your preferred list?

Preferred list is something like Mahindra & Mahindra and Bajaj Auto but having said that obviously if the whole sector goes up, I am sure Maruti and Hero Honda will also do well but out of the whole pack, our preferred stocks are Mahindra & Mahindra because of the rural demand and Bajaj Auto we like because the two-wheeler segment is lot robust and growing very well and less sensitive to the drop in the income and interest rate rise.