Prefer TVS Motor and Hero MotoCorp to Bajaj Auto: Anand Tandon

In a chat with ET Now, independent analyst Anand Tandon shares his view on the two-wheeler space.

ET Now: What is you view on two-wheeler stocks? Are you still positive on Bajaj Auto?

Anand Tandon: I would argue that the market should be looking at the domestic markets for the consumption stories the next big trigger is the pay commission.

The kind of pay out that it may announce should drive domestic consumption quite dramatically, especially the urban domestic consumption. So, the company which is less focused on the overseas market and more on India is more likely to benefit. If you were to look at TVS and Hero MotoCorp in that order, they are better positioned perhaps than Bajaj at this stage.