The company expects the momentum to continue in the second half of the fiscal year (H2FY26), with overall industry volume growth projected at 8-10 per cent.
Systematix has set a target price of ₹192 for JTEKT India, valuing the stock at EV/Ebitda of 17.5 times on December 2027E, in line with its past five-year average multiple
The brokerage's analysis of its universe of stocks revealed that after a prolonged period of earnings cuts, companies are beginning to report earnings upgrades.
Entry-level vehicles across 2Ws and PVs are seeing a notable pickup in demand, while discounts are expected to gradually reduce, reflecting normalisation in market dynamics.
Hero MotoCorp share price falls over 5 per cent following reports that foreign brokerage firm Jefferies downgraded stock to 'Underperform' with a downside target of ₹4,950 per share.
Share price Ola Electric Mobility slipped 5 per cent to hit an all-time low of ₹38.18 on the BSE in Wednesday's intra-day trade, falling below its previous low of ₹39.58 touched on July 14, 2025.
The brokerage said most major OEMs reported double-digit year-on-year volume growth, aided by festive spillover, GST 2.0-led affordability, improved rural sentiment and robust export demand
Stocks to Watch Today, December 1, 2025: Shares of automobile-related companies will remain in focus as November automobile sales data is due to be released today
While revenue growth remained resilient, weaker margins, demerger-linked costs and stretched valuations have clouded the near-term view for SKF India, analysts said.
Tata Motors demerger, TMCV share listing LIVE Updates: Following the approvals from exchanges, Tata Motors had informed in an exchange filing this week that its CV business will list on Wednesday
Technical charts suggest that commercial vehicles stocks such as Mahindra & Mahindra, Ashok Leyland, Escorts Kubota, Force Motors and VST Tillers are favourably placed and can rally up to 16%.
On the bourses around 2:20 PM, Hero MotoCrop share price was trading 1.14 per cent higher at ₹5,421.65. In comparison, BSE Sensex was trading 0.25 per cent higher at 83,740.95 levels.
Tata Motors demerger, aimed at unlocking value and sharpening operational focus, comes at a time when competition from peers like M&M, Ashok Leyland, and Force Motors is intensifying
Brokerages expect Bajaj Auto to post healthy Y-o-Y growth in Q2, driven by higher volumes, improved product mix with a greater share of premium bikes & 3-wheelers, & favourable currency movement.