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two-wheeler stocks: Why fresh lockdowns may spell more trouble for two-wheeler stocks

Why fresh lockdowns may spell more trouble for two-wheeler stocks The volume recovery for bikes has been slower than that of the passenger cars. Synopsis Over the past few days, five states accounting for nearly 30% of the countryโ€™s bike sales volume, have imposed lockdowns resulting in a complete halt in retail sales. ET Intelligence Group: The stocks of two-wheeler makers have trailed the benchmark Nifty 50 by 5.6% over the past month. Their price-earnings multiples are now 13-17% lower th...
Intelligence Group Volume Recovery Two Wheeler Stocks Subdued Demand Retail Sales Price Rise

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