In time of transformation, is a combination better? 8 stocks from auto, auto ancillary and battery-maker space with upside potential above 25%

Just as the market was about to witness one of its strongest FII selling phases, an auto company opened bookings for a new model. There were over 1.76 lakh bookings in just 60 minutes! Yet, the auto stock declined sharply in the ensuing correction. Should you be looking at what this one model will do to the bottom line of the company? Or should you be paying attention to the Nifty and Sensex and accompanying narratives? The answer is obvious. And needless to say, the stock bounced back at the first hint of recovery in the market. Is the auto company the only winner? No. An auto ancillary company supplying parts for that model would also be a winner. So, having both in your portfolio would be better. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.