Auto Stocks In Focus: Maruti, M&M, Hyundai, Hero MotoCorp Or EVs—Where Is Value Now?

The auto sector remains in focus, with selective opportunities emerging across passenger vehicles, two-wheelers and EVs. Sunny Agarwal, SBI Securities, sees potential in Maruti and Hyundai as one-time production and cost challenges ease, while Mahindra & Mahindra continues to gain market share across SUVs and EVs. In the two-wheeler space, Hero MotoCorp appears attractively valued if its recent volume growth continues. TVS, Bajaj and Eicher have already seen strong rallies after earnings. Ather Energy has outperformed in the EV segment, but stretched valuations may warrant caution before fresh positions.