Mayuresh Joshi’s Top Auto Picks: Maruti & M&M’s Strong Momentum

Mayuresh Joshi, Head of Equity Research at William O Neil India, shared insights into the auto sector’s standout performers and emerging trends. Highlighting Maruti Suzuki's surprising performance across its product suite, he noted robust demand for four-wheelers priced above ₹15-18 lakhs and premium bikes from brands like Eicher Motors, TVS, and Bajaj. He emphasized the competitive landscape with upcoming launches, particularly in the SUV and hybrid SUV segments, from Maruti, M&M, and Tata Motors. Joshi identified M&M as a preferred pick, citing its diverse SUV portfolio, strong tractor performance, and growing subsidiaries. Maruti, with its reliable after-sales service and innovative offerings in compact SUVs, remains a steady performer. Among two-wheelers, TVS Motors continues to exhibit strong growth momentum. The sector's Q3 and Q4 results, influenced by competitive pricing and new launches, will set the tone for the next financial year.