In­vestors Ride Mon­soon Rally on Two-wheel­ers

The Economic Times - - Sports -

In­vestors pin­ning hopes on a bet­ter mon­soon to re­vive the ru­ral econ­omy are bet­ting on two-wheeler mak­ers over four-wheel­ers these days. Money man­agers and an­a­lysts said shares of two-wheeler com­pa­nies look best poised to out­per­form the auto index as a re­cov­ery in agri­cul­ture — a key driver of the ru­ral econ­omy — will drive sales of twowheel­ers and val­u­a­tions are cheaper. “The two-wheeler seg­ment will be a nat­u­ral ben­e­fi­ciary of a boost in ru­ral con­sump­tion,” said Vaib­hav Sang­havi, manag­ing di­rec­tor of Am­bit In­vest­ment Ad­vi­sors.

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