Stock picks: Ajit Mishra of Religare Broking recommends buying Aurobindo Pharma, Tata Steel & Sona BLW; here's why
Anand James of Geojit Investments has recommended these three mid-and-smallcap stocks to buy today; check target and other details
Strong EV demand and a robust order book power Q4 beat, but valuations and global slowdown concerns keep brokerages cautious
The latest recommendations by the Parliamentary Committee on EV policy reforms (PM E-DRIVE) could boost Tata Motors, M&M, Ather, and Sona BLW, said analysts at Nomura
Among others, Bharat Forge, TVS Motor, and Tata Motors Passenger Vehicles slipped over 3 per cent
On the positive side, the CV demand outlook from Volvo Group, Elara said, has been upgraded, with the company now expecting growth of 2.9 per cent in Europe and 2.7 per cent in the US in CY26
According to FADA, February 2026 emerged as best-ever February for 2W, 3W, CV, PV, tractors and overall retail. Data showed that retail vehicle sales jumped by 25.6 per cent Y-o-Y to 24,09,362 units
Segment has outperformed the Nifty Auto index so far this year
Nomura said the combination of lower duties and a weaker Indian rupee increases global competitiveness for auto suppliers such as Bharat Forge, Sansera, Sonacoms, Belrise Industries, and Motherson
According to Axis Securities, the moderation in reciprocal tariffs to 18 per cent represents a meaningful tailwind for Indian automobile exporters, particularly auto component manufacturers
Sona BLW Precision reported profit after tax of ₹150.7 crore in Q3FY26, down marginally 0.3 per cent year-on-year from ₹151.2 crore in the year-ago period
The BSE Auto index, up 18% thus far in the calendar year 2025, is set to outperform the BSE Sensex for the fourth straight calendar year.
Auto ancillary stocks have surged in FY26 on the back of strong November 2025 auto sales and a GST rate cut. Analysts see medium-term upside but advise selective investing as valuations turn rich
Elara identified four factors critical for auto ancillary companies to outperform OEMs: product expansion, segment expansion, geographic expansion and inorganic initiatives
Nuvama expects Sona BLW's revenue and Ebitda to expand at a CAGR of 20 per cent and 17 per cent, respectively, over FY25-28E