Economy
Motilal Oswal Bullish on Auto Stocks Ahead of Festive Season
Livemint1h
THE BRIEF
1
Motilal Oswal remains bullish on original equipment manufacturer stocks like Maruti Suzuki, TVS Motor, and Mahindra & Mahindra ahead of the festive season.
2
Car sales volumes increased by 20.4% in August 2026, with Maruti Suzuki seeing a 665 basis point increase in market share to reach 72.9%.
3
Brokerage estimates suggest a maximum upside potential of up to 41% for Maruti Suzuki shares, while TVS Motor shares closed higher at ₹4,100 on Tuesday.