Cess hike breather for automobile companies, removes hangover on the stocks: Angel Broking – Equity Bulls

Cess hike breather for automobile companies, removes hangover on the stocks: Angel Broking
Equity Bulls
“The cess rates announced by the government on the mid size, large cars and UVs have come as a breather to the automobile industry. Earlier government had notified of hiking the cess rates from 15% to 25% which could have impacted the demand for the …