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Mahantesh Sabarad's outlook on August auto sales

PUBLISHED ON: September 3, 2012 | Duration: 4 min, 25 sec

   
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Car sales in India fell for the first time in 10 months in August to 10 per cent. Automakers sold 118,142 cars in August, down 18.6 per cent from a year ago, according to data released on Monday by SIAM. Mahantesh Sabarad, Senior Vice President - Equity Research, Fortune Equity Brokers shares his view on the same.
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