Auto sector outlook: Strong March sales from Tata Motors, Maruti, M&M, others keep India growth story intact; Morgan Stanley sees ‘attractive’ opportunity – Markets

Auto sector outlook: Strong March sales from Tata Motors, Maruti, M&M, others keep India growth story intact; Morgan Stanley sees ‘attractive’ opportunity - Markets


Escorts and Tata Motors CV were categorised as underperformers, indicating weaker-than-expected outcomes during the period. On the other hand, a broad set of companies, including Mahindra & Mahindra (Auto), Maruti Suzuki, TVS Motor, Hero MotoCorp, and Eicher Motors across both VECV and Royal Enfield segments, reported performance largely in line with market expectations. Tata Motors’ passenger vehicle division also remained steady within this category.



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