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Informist, Friday, Nov. 14, 2025

MUMBAI – Shares of automobile companies will likely be in a range with a positive bias next week, with the September quarter earnings season coming to an end. Almost all the major automobile companies have declared their results and management comments suggest that the December quarter will augur well for the sector in terms of earnings growth and sales. Earlier in the day, the Society of Indian Automobile Manufacturers released October sales data. 

"The broader trend (for Nifty Auto) remains sideways to bullish," Mandar Bhojane, senior research analyst at Chola Securities, said. "It's a buy-on-dips market, especially around the 27000–26800 zone," Bhojane said. "A breakout above 27600, which is acting as strong resistance, may trigger fresh bullish momentum. On the higher side, the index can move toward 28000 and 28400," he added.

Friday, the Nifty Auto closed at 27239.80 points, down 0.5%. During the week, the index rose 1.7%. For the week, TVS Motor Co. and Eicher Motors fell the most, while Bharat Forge and Samvardhana Motherson International saw the most gains. This week, Tata Motors, which now houses the commercial vehicles operations after the demerger, was listed at INR 335 against a discovery price of INR 260.75. 

Wholesale automobile sales softened in October but still reported modest growth on the back of robust utility vehicle and scooter sales, data from the SIAM showed on Friday. Domestic car makers sold a total of 3.23 million units last month, up 6% on year. In the Indian market, companies sold 2.69 million automobile units to dealerships in October, up 4% on year. This year-on-year growth is a tad weaker than in September, when sales grew 6% on year. These companies exported 541,191 units in October, up 19% on year. 

Monday, investors will likely react to Tata Motors Passenger Vehicles' September earnings, which include its Jaguar Land Rover and other passenger vehicle businesses. The JLR-maker reported a net loss from continuing operations in the quarter on the back of a one-time expense of over INR 20 billion related to the cyberattack at its JLR operations in the UK. Despite this, an exceptional gain from the demerger of its commercial vehicles business helped the company to report a consolidated net profit during the quarter.

TOP HEADLINES

* Analyst Concall: Hero MotoCorp retains 2-wheelers sales view despite GST cut
* National Investment and Infra sells 2.3% in Ather Energy via block deal
* Analyst Concall: Tata Motors eyes market share gains in coming months
* Earnings Review:Hero MotoCorp PAT grows at 5-qtr high but misses Street view
* Analyst Concall: Eicher Motors sees bullish ride ahead for 350cc motorbikes
* Tata Motors expects Oct-Mar CV sales to grow in high single digits
* Earnings Review: Tata Motors posts Q2 loss on fair value loss on investments
* Tata Motors posts INR 8.67 bln consol loss in Jul-Sept vs PAT year ago
* Earnings Review: Eicher Motors consol PAT up 24% YoY but misses Street view
* M&M forms JV with Canada-based co to start life insurance business in India
* Earnings Review:Order deliveries boost Endurance Tech, but Q2 PAT below view
* Earnings Review: Cochin Shipyard Q2 PAT falls sharply; sales dn after 9 qtrs
* Endurance Tech Jul-Sept consol PAT rises 12% YoY to INR 2.27 billion
* Analyst Concall: Ashok Leyland plans to ramp-up exports to 25,000 units/year
* With healthy defence orders pipeline, execution to be key for Ashok Leyland
* Earnings Review: Ashok Leyland Q2 revenue beats view, grows at 4-qtr high
* Belrise Industries Jul-Sept consol PAT surges 81.5% YoY to INR 1.33 billion
* Analyst Concall: Bosch sees robust demand in automotive segment in FY26
* Bharat Forge arm gets orders worth over INR 2.50 bln from defence ministry
* Earnings Review: Bharat Forge top line falls for 5th straight quarter in Q2
* Earnings Review:Bosch revenue up 9% on better car, off-highway sector demand
* Post demerger, Tata Motors CV arm to list on exchanges Wed
* Bajaj Auto gets European Commission's clearance for Pierer Bajaj acquisition
* Analyst Concall: KPIT Tech to continue hiring, roll out hikes in Oct-Mar
* Ather Energy says production at new factory pushed back to October from July
* Ather Energy net loss narrows on year to INR 1.54 billion in Jul-Sept
* Earnings Review: KPIT Tech Q2 PAT down 1.6% on qtr, misses Street view
* Ola Electric denies report of involvement in tech leak at LG Energy Solution
* Olectra Greentech Q2 consol PAT up 4% YoY at INR 495.48 mln, sales jump 25%
* M&M produces 94,637 vehicles in Oct, up from 89,570 units produced year ago
* Craftsman Automation Jul-Sept consol PAT rises 47.3% YoY to INR 908.6 mln
* Bajaj Auto sees two-wheeler sales rebound YoY in south India in Jul-Sept
* Analyst Concall: Managing anti-lock brakes capacity tough, says Bajaj Auto
* Force Motors Jul-Sept PAT up over twofold on year at INR 3.5 bln
* Earnings Review: Bajaj Auto Q2 PAT growth highest in 6 qtrs, meets view
* TVS Motor arm Norton Motorcycle sets up arm in US to sell bikes
* Earnings Review: Uno Minda Q2 PAT, sales up in double digits YoY, beat View
 

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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