7 auto and auto ancillary stocks that can help you make money in short and long term

Analysts are bullish on the auto sector going ahead on the back of pent-up demand, improved vaccination pace, low rate environment and expected normal monsoon. Some like Emkay Global say revenues of listed automobile manufacturers will likely decline an average 2% in the first quarter of the current fiscal (Q1FY22) from the corresponding period in FY20, as a result of lockdowns in April and May. Yet others say auto ancillaries are better bets than auto stocks. Here are some top auto and auto ancillary picks for July from Angel Broking and some ideas from Motilal Oswal with a time period of a year.