While they are all classified under the broad category of auto stocks, the operating matrix of each company is very different. For heavy commercial vehicle players the factors impacting the sales are very different from a two wheeler maker and a passenger car maker has a different matrix to deal with when it comes to raw material and sales. In the current economic cycle, it was HCV and LCV which were the first ones to see an uptick, just after the covid. In the last few days, there have been some reports which suggest that HCV and LCV sales have slowed. Is this an indication that some cool off around the corner. But if there is slow down then it is an opportunity because of structural transformation which is taking place in the industry.