Investors should buy auto stocks on every dip, says Devang Mehta of Centrum

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“My sense is if somebody has at least a 1.5-2 year horizon, this is a sector one should get into; two-wheelers, four-wheelers, tractors, agribusinesses, all this probably once the consumption starts an uptrend, I think this is where the money will still be made into, said Mehta.