The chip supply crunch and a rise in base metal prices have forced automakers to resort to price hikes, denting demand for an already cyclical industry, says Shah.from Moneycontrol Market Outlook https://ift.tt/3tZ7PIJ
Saturday, March 27, 2021
Shortage of raw material, rise in metal prices weighing on auto stocks: Nirali Shah of Samco Securities
The chip supply crunch and a rise in base metal prices have forced automakers to resort to price hikes, denting demand for an already cyclical industry, says Shah.from Moneycontrol Market Outlook https://ift.tt/3tZ7PIJ
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