Industry data and recent sales trends indicate that utility vehicles (UVs) are the primary growth drivers, with Tata Motors and Mahindra & Mahindra outperforming peers on the back of strong SUV portfolios. Models such as the Tata Nexon, Punch, Mahindra Scorpio, and XUV700 continue to see robust traction across both urban and rural markets, underlining the structural shift toward SUVs.
BNP Paribas said unlike volatility in crude oil prices, which investors see as a transient price shock, investors fear that LNG supply issues could have a prolonged earnings impact in India.
Data from ACE Equity shows that several blue-chip stocks from the BSE large-cap index have declined by as much as 25%, delivering negative returns over the past three years
During the first Covid wave, over a 40-day period, Indian auto OEMs generally corrected in a range of 30-45 per cent, driven by fears of prolonged demand and production disruption, CLSA said.
Nomura suggested a target of Rs 812 on Ather Energy, Rs 4,662 on M&M, Rs 623 on Sona BLW, Rs 390 on Tata Motors PV and Rs 4,159 on TVS Motor.
At last check, the BSE Metal index had tanked 4.11% to 37,550.46, while the BSE Auto index slipped 2.57% down to 54,266.81.
JM Financial also retained a 'Reduce' rating with a target price of Rs 357. The cyber attack resulted in a volume loss of approximately 50,000 units, the brokerage said.
According to the company’s investor presentation, the company clocked wholesale of 117,000 units in Q3, marking a 20% year-on-year jump.
Tata Motors share: MOFSL said it remains to be seen if TMCV can recover lost share in CVs post these new launches, which has been one of the key investor concerns.
Shares of Tata Motors Passenger Vehicles tumbled 4 per cent on Tuesday after it announced a weak set of numbers by its wholly-owned subsidiary JLR for the December 2025 quarter.
The Tata Motors stock fell 4.45 per cent to hit a low of Rs 422.50 on BSE, only to recover some ground later. At 12.35 pm, it was down 3 per cent at Rs 428.95.




