The momentum was not limited to retail-focused segments, the brokerage noted. The medium and heavy commercial vehicle (MHCV) industry showed clear signs of revival after a prolonged 15-month downturn.
In the past one week, the Nifty Auto index has outperformed the market by surging 5.4 per cent, as against 1.7 per cent gain in the Nifty 50.
TVS Motor, Maruti Suzuki India, Mahindra & Mahindra, and Ashok Leyland are some of the top picks of brokerages
Geojit Investments has a positive outlook on the overall market driven, mainly, by expectations of easing geopolitical risks and moderating tariff differences in 2026
Ashok Leyland and TVS Motor Company hit their respective all-time highs, while, M&M was close to its record high level
In passenger vehicles, the brokerage expects the segment to post 19 per cent year-on-year (Y-o-Y) growth in dispatches in December, broadly in line with retail trends.
New Year picks 2026: Motilal Oswal Wealth Management has picked SBI, Airtel, Biocon, Eternal and others for the upcoming year; check details here
Thus far in the calendar year 2025, the BSE Auto index has rallied 18 per cent, as against 8 per cent rise in the BSE Sensex.
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.
Among others - Ashok Leyland, India Cements, Laurus Labs, Federal Bank, Shriram Finance, Hindalco, Vedanta and NALCO shares were also trading at life-time highs in Monday's trading session.
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.
In the past six months, TVS Motor Company has outperformed the market by soaring 31 per cent as compared to a 5 per cent rise in the BSE Sensex and a 19 per cent rally in the BSE Auto index
Strong order books keep automakers driving past slowdown fears
Tata Motors will likely maintain its dominant share of India's CV market, with support from India's economic growth, and favorable infrastructure and construction spending.
myTVS aims to expand into Africa and Europe and scale its multi-brand service network from 1,200 to 2,500 centres by 2027, supported by 10 million active service subscriptions and a UAE partnership
Stocks to Watch Today, November 18, 2025: Tata Power Company, TVS Motor Company, Emcure Pharma, AstraZeneca Pharma, JSW Energy, JSW Cement, and WPIL are among the top stocks to remain in spotlight
Indian automotive firm TVS Motor Company is looking to enter more markets in Europe, including Spain and Portugal, as part of its global footprint expansion, according to its Chairman Sudarshan Venu. The company, which made its debut at the global two-wheeler exhibition EICMA 2025 here unveiling six new products across ICE and electric powertrains, feels that with an expanding portfolio it is time for it to tap 'industrialised markets', Venu told PTI in an interview. "I think it is the beginning of TVS' progress towards industrialised markets. Typically, we are focused on emerging markets," he said when asked about the company's focus on Europe. At EICMA 2025, the company showcased the TVS Tangent RR Concept, a supersport bike; electric motorcycle concept TVS eFX three O; TVS M1-S, the company's first electric maxi scooter; TVS Apache RTX 300, a new adventure tourer bike; a born-electric bike TVS X and TVS RTR HyprStunt Concept, an urban sports motorcycle. The TVS Apache RTX 300 is
Passenger vehicles continued to outperform, posting an 11 per cent year-on-year (Y-o-Y) rise in wholesales among leading players.
TVS Motor Company on Saturday reported an 11 per cent growth in sales at 5,43,557 units in October 2025 as against 4,89,015 units in the same month last year. Total two-wheelers sales grew by 10 per cent to 5,25,150 units last month as compared to 478,159 units in October 2024, the company said in a statement. Domestic two-wheeler sales were at 4,21,631 units as against 3,90,489 units in the year-ago month, up 8 per cent, it added. Motorcycle sales were up 16 per cent at 2,66,715 units in October 2025 from 2,30,822 units in the same month last year. Scooter sales grew by 7 per cent to 2,05,919 units last month from 1,93,439 units in October 2024. Electric vehicle sales were at 32,387 units in October 2025 as against 29,308 units in October 2024, registering a growth of 11 per cent, the company said. "While the retails continue to be robust, magnet availability continues to pose challenges in the short to medium term," it added. TVS said its sales in international business registe
At the third spot is Ather Energy, which is in a fierce battle with the incumbent competitors to challenge their position