Reuters Market Eye - Shares in Indian auto companies fall after the October sales numbers were below some analysts' estimates.
Hero MotoCorp
Maruti Suzuki India Ltd
Maruti reported a 1.1 percent fall in October sales, while Mahindra reported a 15 percent fall in sales.
Auto manufacturers reported weak despatches in October, Kotak Securities says.
"We believe automobile growth is likely to moderate to low-single digits over the next few months," Kotak Securities says.
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(Reporting by Indulal PM)