Besides vehicles, BS-3 grade auto components also form a part of the auto sector’s unsold inventory. Is their a way out for auto companies? “Auto companies will try to export the existing BS-3 inventory to markets like Bangladesh and Sri Lanka. They are also requesting the central government to approach the SC again.How will this liquor ban affect liquor and associated sectors? “We are underweight on liquor stocks because of high structural regulatory and political risks in the sector,” says Vora.Prices of liquor stocks have already crashed.

Source: Economic Times April 10, 2017 00:56 UTC