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Informist, Friday, Nov. 07, 2025

MUMBAI – Technical analysts are positive on the automobile stocks and expect them to gain in the coming week. Investors will continue to focus on the earnings of a slew of companies that are yet to report their September-quarter numbers. So far, six Nifty Auto companies have declared their September quarter results, with Mahindra & Mahindra and Escorts Kubota being the latest. Results of Hero MotoCorp, Ashok Leyland, Bosch, Eicher Motors, and Samvardhana Motherson International are due next week.

Friday, the Nifty Auto closed at 26779.55 points, up 0.6%. For this week, Hero MotoCorp and Maruti Suzuki India fell the most, while Mahindra & Mahindra and Sona BLW Precision Forgings saw the highest gains.

Analysts are positive that the current financial year will see positive growth across vehicle categories, and ICICI Securities expects the tractor segment to outperform. "The sector's momentum is likely to remain firm in H2FY26 (Oct-Mar), aided by above normal monsoons, healthy reservoir levels, higher minimum support prices, and the recent goods and services rate reduction, all of which are supporting rural income and farmer sentiment," Nirmal Bang said in a report. "Timely Rabi sowing and favourable Kharif harvest progress should further underpin tractor demand going ahead," the brokerage added.  

On Friday, the Federation of Automobile Dealers Associations said that rural India became the true growth engine,
with favourable monsoons, higher farm incomes, and government infrastructure push driving purchasing
power. Rural passenger vehicle sales in October grew over three times faster than urban sales, while rural two-wheeler sales growth was nearly double the urban rate.

The trend for the Nifty Auto remains positive, and the index appears strong on the charts, Nandish Shah, technical analyst at HDFC Securities, said. He expects the sectoral index to move between 27000 points and 26300 points.

TOP HEADLINES

* Earnings Review:Uno Minda Q2 PAT, sales up in double digits YoY, beat View
* Earnings Outlook: Uno Minda to post double-digit growth in PAT, sales for Q2
* Oct auto retail sales surge 41% YoY on festive demand, GST rate cuts - FADA
* Investor Internet Fund exits Ather Energy; sells 5.09% stake via bulk deals
* RBL Bank stake sale one-off action, says M&M MD Shah
* Bajaj Auto issues notice to buy 24,000 shrs in Pierer Bajaj for INR 2.5 bln
* NCLT approves Suzuki Motor Gujarat's merger with Maruti Suzuki India
* Earnings Outlook: Bharat Forge Q2 sales, PAT seen down YoY on weak exports
* Minda Corp Jul-Sept consol PAT rises 14% YoY to INR 846 million
* Earnings Outlook:Weakness in JLR ops to weigh on Tata Motors Q2 PAT, revenue
* Earnings Outlook: Higher average price, sales to boost Hero MotoCorp Q2 PAT
* Earnings Review:Ola Electric net loss narrows; auto ops turn EBITDA positive
* Earnings Outlook:Royal Enfield sales likely to power Eicher Motors Q2 growth
* M&M sells entire stake in RBL Bank for INR 6.78 bln via large deal on NSE

* Analyst Concall: Tube Investments eyes mergers, acquisitions to expand ops
* Bharat Forge board to Tue mull raising funds via term loan, NCDs, other debt
* Analyst Concall: Tube Investments eyes mergers & acquisitions to expand ops
* Motherson Sumi Jul-Sept PAT rises 8.7% YoY to INR 1.65 billion
* Earnings Review: Tube Invest Q2 sales highest in 36 qtrs but miss estimates
* Hero MotoCorp launches new range of vehicles under VIDA Novus lineage
* Force Motors Oct total sales rise 32% on year, domestic sales up 35%
* Analyst Concall: M&M says co started dispatching EVs to Nepal
* Hyundai Motor unveils upgraded compact SUVs Venue, Venue N Line
* Earnings Review: InterGlobe Q2 net loss widens YoY on higher costs, FX loss
* ZF Commercial Vehicle Jul-Sept PAT falls 2.6% YoY as sales down 0.5%
* Earnings Review:Material cost drags Escorts Kubota Q2 PAT dn to INR 3.21 bln
* Automobile despatches climb to record highs on festive fervour, GST cut
* M&M raises FY26 tractor sales growth guidance to low double digits
* Earnings Review: M&M Q2 net profit, revenue up in double digits, beat view
* Fall in Hero MotoCorp Oct motorcycle despatches eclipses scooter sales' rise
* Ashok Leyland signs MoU with PNB for dealer financing options
* Eicher Oct motorcycle sales rise 13% on yr to 124,951 units, exports dn 7%
* Exports, 2-wheelers drive Bajaj Auto Oct total sales up 8% to 518,170 units
* Earnings Outlook: M&M Q2 PAT growth seen at 5-qtr low despite strong sales
* Maruti Suzuki reports highest ever monthly sales volume at 220,894 units Oct
* Tata Motors CV sales rise 10% YoY; domestic sales up 7%, exports up 56%
* Ashok Leyland Oct despatches up 16% on yr, but down 5% on mo at 17,820 units
* Tata Motors PV's total sales in Oct rise 27% on yr on robust domestic sales
* M&M to launch new seven-seater electric SUV XEV 9S on Nov 27
* Hyundai Motor India's domestic sales down on-year in Oct, but rises on month
* Eicher Motors CV wholesale sales at 8,050 units in Oct, up 13.2% on year
* TVS Motor Oct vehicle sales at record high of 543,557 units, up 11% on year
* M&M's domestic vehicle despatches hit record high of 71,624 units in Oct
* Escorts Kubota Oct tractor sales up 4% YoY at 18,798 units on festive demand
* M&M's domestic wholesale sales of SUVs hit all-time high of 71,624 units Oct
* Analyst Concall: Maruti Suzuki's retail sales up 90% YoY under new GST rates
* Small cars sales seeing more traction than big cars - Maruti Suzuki Bhargava
* Earnings Review: Maruti Suzuki Q2 revenue tops estimate, grows at 3-qtr high
 

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

End

Reported by Gopika Balasubramanium

Edited by Saji George Titus

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