BSE Ltd's measure of 20 auto firms has added about $33 billion in market value since August 15 when Prime Minister Narendra Modi first announced the government's plan to lower goods and services tax
Auto stocks - Maruti, Mahindra & Mahindra and Hyundai Motor were in focus on Monday amid price cut buzz on lower GST rates, and have gained up to 49% in FY26. Here's a technical check on auto shares.
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Benchmark indices end the week higher, posting their best gains in over two months, with optimism from GST reforms on everyday goods
Nomura expects the GST cut to spark a volume surge of 5-10 per cent across categories, with passenger vehicles (PVs) and two-wheelers leading the growth.
Auto stocks surged after the GST Council slashed tax rates across the automobile sector. Analysts at Emkay Global pick M&M, Maruti Suzuki, Hero MotoCorp as top auto stocks to buy
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.
Royal Enfield reported a monthly sales figure of 114,002 motorcycles in August 2025, marking a 55 per cent increase over the same month last year
Popular Vehicles shares gained after the company announced that it has received in-principle approval from Maruti Suzuki India Ltd (MSIL) to acquire an authorised dealership in Telangana.
Maruti Suzuki launches its first EV SUV, e-Vitara, with global export focus. Analysts decode stock outlook, price targets, and growth strategy
During his Independence Day address on August 15, 2025, Prime Minister Narendra Modi announced a potential rationalisation (reduction) of GST rates before Diwali 2025
The Hyundai Motor India stock has now risen 4.98 per cent over two days, driven by strong investor sentiment following a bullish initiation report by global brokerage Goldman Sachs.
Nuvama Institutional Equities flagged the sharp miss in Tata Motors' JLR and India PV earnings, reducing its FY26E/FY27E Ebitda estimates by 6-7 per cent.
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.
The quarter saw Bajaj Auto revenues grow 6 per cent year-on-year to ₹12,580 crore, and Ebitda rise 3 per cent to ₹2,480 crore, slightly ahead of consensus.
Analysts at Nuvama noted that the revenue is expected to decline Y-o-Y, led by volume drops across India PV/CV and JLR businesses.
Hero MotoCorp Q1 preview: Hero MotoCorp released robust July sales data on August 1. The company dispatched 449,755 units during the month, up 21 per cent from 370,274 units in July 2024.
Sectorally, Nifty Auto was among the top-performing sectoral indices, trading at 23,745.2, up by 1.43 per cent.
Domestic 2W industry growth is expected to be supported by improved consumer sentiment, a pickup in rural demand due to a normal monsoon, repo rate cuts, and improving liquidity.