M&M, Eicher, Maruti Suzuki hit record highs: Auto stocks rally decoded

During his Independence Day address on August 15, 2025, Prime Minister Narendra Modi announced a potential rationalisation (reduction) of GST rates before Diwali 2025

Auto stocks rising today

 

Automobile stocks (auto stocks) were on a roll on Monday with five major stocks – Mahindra & Mahindra (M&M), Maruti Suzuki India (MSIL), Hyundai Motor India, TVS Motor Company, and Eicher Motors – hitting their respective all-time highs on hopes of a cut in the goods and service tax (GST) rate for auto companies.

 

Hero MotoCorp share price rallied 9 per cent to ₹5,110.55 on the BSE in today's intraday trade. Maruti Suzuki shares, meanwhile, surged 8 per cent to ₹13,966.95, while Ashok Leyland share price (₹130.60), Hyundai Motor India