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Informist, Friday, Oct. 17, 2025

MUMBAI – Automobile analysts see the coming days being crucial for the automotive sector with Diwali next week. The sales trend in this period will determine how far demand has picked up in urban and rural areas, they say. Improved sentiment, discounts by companies, and the goods and services tax cut are seen to be positives for the sector.

This week, the Society of Indian Automobile Manufacturers released its monthly sales data for September. The sectoral group said companies sold 312,791 passenger vehicles in September, down nearly 1%. "However, the (passenger vehicle) segment showed signs of a recovery towards the end of the quarter ... aided by recent GST reduction measures, improved consumer sentiment, and the onset of the festive season," SIAM said. Two-wheeler sales grew 7% on year to 2.16 million units and sales of three-wheelers rose 5.5% on year to 84,077 units.

"The extended festive and wedding season is expected to sustain the growth momentum through Q3 (Oct-Dec), reinforcing positive consumer sentiment across all vehicle categories," SIAM said. "The kharif harvest is expected to be broadly healthy, supported by an above-normal monsoon," it added.

However, flooding in parts of the northern, western, and eastern regions of the country had an impact on certain crops and, temporarily, on logistics, SIAM said. "Despite these disruptions, overall agricultural output and rural sentiment remain stable, which is likely to support rural consumption and mobility demand in H2 (Oct-Mar)," the society said. Analysts are positive that sales of most automobile companies will be better in the second half of the financial year 2025-26 (Apr-Mar). They said this growth is yet to be factored in share prices, which means there would be more upside to automobile stocks. They also said automotive parts manufacturers will benefit from the secondary impact of growth in sales.

Thursday, the National Stock Exchange said the name and symbol of Tata Motors Ltd. will be changed with effect from Oct. 24. The name of the automotive giant will be changed to Tata Motors Passenger Vehicle Ltd. and its symbol will be changed from TATAMOTORS to TMPV, the exchange said in a statement. This comes after the company demerged its commercial vehicles and passenger vehicles operations in a bid to unlock value.

The passenger vehicles arm will be renamed Tata Motors Passenger Vehicle and the commercial vehicles vertical will be listed in November as Tata Motors Ltd. Analyst expect the share price of Tata Motors Passenger Vehicle to fall in the near term as investors are likely to choose to buy the shares of the commercial vehicles segment once it is listed. The company's shares ended marginally lower Friday at INR 396.60. 

The Nifty Auto closed at 27228.60 points, up 0.7%. Sona BLW Precision Forgings and Mahindra & Mahindra were the top gainers. Tata Motors and Ashok Leyland fell the most.

TOP HEADLINES

* Popular Vehicles Q2 consol sales up 1% YoY as customers defer buys on GST cut
* Mahindra Group in pact with Brazil's Embraer for military transport aircraft
* NSE notifies symbol change for Tata Motors as co separates CV ops
* CIE Automotive Jul-Sept consol PAT rises 9.6% on year to INR 2.14 bln
* Bharat Forge partners with Rolls-Royce to make fan blades for jet engines
* Craftsman Automation's unit at Tamil Nadu industrial park starts operations
* Ashok Leyland wins INR 6.69-bln order to deliver 1,937 buses to Tamil Nadu
* Ola Electric enters battery energy storage systems, deliveries start Jan
* TML Commercial Vehicle ceases to be Tata Motors' subsidiary, to list soon
* TVS Motor launches new adventure motorcycle Apache RTX for INR 199,000
* Hero MotoCorp enters Spain; ties up with Noria Motos for distribution
* Data Alert: Sept PV despatches up 4.4% on year, 2-wheelers up 6.7% says SIAM
* Policy measures may lift PV sales growth to 6-8% hereon - SIAM chief Chandra
* Hyundai Motor India eyes INR 1 tln revenue by FY30, aims to outperform sector
* Tarun Garg to replace Unsoo Kim as Hyundai Motor India MD, CEO from Jan 1
* Ola Electric to launch first non-vehicle product on Friday
* Cochin Shipyard gets mega order from European client for feeder vessels
* Tata Motors gets corporate affairs ministry's nod for scheme of arrangement
* Hero MotoCorp enters Italy; ties up with Pelpi Intl for distribution
* Endurance Tech starts commercial production at greenfield unit in Aurangabad
* Samvardhana Motherson's arm files plea in NCLT to reduce share capital

Following are the resistance and support levels for key automotive stocks for next week, as per calculations based on their prices on the National Stock Exchange:

End

Reported by Gopika Balasubramanium

Edited by Rajeev Pai

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