Stronger rural demand, festive inventory build-up and GST cut optimism are boosting sentiment on two-wheeler stocks, though valuations now near long-term averages
Two-wheeler sales in August 2025 rose for Royal Enfield, TVS, Hero and Suzuki, while Bajaj and Honda reported declines, with festive demand and GST reforms set to boost outlook
Maruti Suzuki's volumes dipped marginally by 0.6 per cent Y-o-Y to 181,000 units, with export growth of 40.5 per cent Y-o-Y offset by a 7.5 per cent drop in domestic sales.
In the past one month, the Nifty Auto index has outperformed the market by soaring 9.5 per cent, as against 0.18 per cent gain in Nifty 50.
IndiGo and Hero MotoCorp seem to be favourably placed on the charts; while IndusInd Bank continues to display a weak bias. Here are the key levels to track on these 4 stocks.
IndiGo and Max Healthcare are likely to see inflows of approximately $507 million and $423 million, respectively.
Hero MotoCorp share price touched a nine-month high today, trading at its highest level since November 2024. The rally in the stock price of Hero Moto has helped the company regain ₹1-trillion m-cap
During his Independence Day address on August 15, 2025, Prime Minister Narendra Modi announced a potential rationalisation (reduction) of GST rates before Diwali 2025
Nifty outlook: On option front, Maximum Call OI is at 24600 then 24700 strike while Maximum Put OI is at 24500 then 24400 strike.
Around 10:00 AM, Hero MotoCorp share was trading 1.46 per cent higher at ₹4,540, even as the BSE Sensex slipped 0.29 per cent to 80,306.90.
On a standalone basis, the net profit of India's largest two-wheeler maker remained flat at Rs 1,125.7 crore in the first quarter of the current financial year
Hero attributed the growth to strong demand in entry and deluxe motorcycles and the 125cc scooter segments