Auto Stocks Rev Up on Strong July Sales

  Published 8 months ago

Indian auto stocks gain 1.6% as Hero, TVS, and M&M lead rally on robust July performance and upbeat outlook.

  • Hero MotoCorp tops Nifty 50 with 21% rise in July dealer sales; stock jumps 3.5% on strong demand.
  • TVS Motor up 3.2% as two-wheeler sales surge 29% YoY, driven by robust export growth.
  • Mahindra gains 1.7% on SUV sales leadership; 8 of 15 auto stocks rated “buy” by analysts.

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