Festive Auto Sales Surge on GST Cut

  Published 6 months ago

Festive auto sales expected to rise as GST cuts boost sentiment and affordability across segments.

  • Nuvama raises OEM revenue forecasts up to 5%, highlighting an entry‑level vehicle demand surge for consumers.
  • Top picks include Maruti, TVS, and Mahindra, while Eicher and Bajaj downgrade to hold due to limits.
  • Auto index up 0.5%; stocks like Maruti and Mahindra gain 0.1‑2.5% today amid positive sentiment.

You might like these

Xiaomi's Q1 Revenue Surges 47.4%

PNB Q2 Profit Up 14% on Retail Growth

India Bond Rally Fuels Rate Cut Bets

India Bond Market Reacts to RBI Shift

India Inflation Outlook & Rate Cuts

Dabur Q1 Profit Beats Estimates

Laxmi Organic: FY25 Results & Future Outlook

News that matters the most ⚡