Today, auto stocks are seeing a boom. The Nifty Auto Index is showing 1.15 per cent at the level of 22,060.20. Today it started at the level of 22,060.20. Its high of the day is 22,073.05 and the day of the day is 21,562.80. Currently, M&M is seeing 2.71 percent, TVS Motors 1.54 per cent and Tata Motors 1.27 per cent. Meanwhile, there was a focus on some important things about the auto industry in SIAM Conclave. It also expressed concerns about demand and growth.
Big things about Siam Conclave on Auto
SIAM’s Conclave on the auto stated that 1-2 percent growth in the sale of passenger vehicle (PV) in FY 2026 is possible. At the same time, it is possible to increase 8-10 percent in sales of 2 wheelers during this period. There is a concern about weak demand and affordability in the auto sector. The sale of entry level cars continues to decline. The increased demand after Corona is now slowing down. Inflation and geopolitical uncertainty have increased anxiety. There is also concern with the weakness of the rupee against the dollar. Looking at SIAM’s PV sales estimate, he has said that it is estimated to increase 0.07 percent in FY 2025 and 1-2 percent in FY 2025.
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Nomura report on auto sector
Nomura has also been reported on the auto sector. In this report, a cautious view of the outlook of PV companies has been expressed. On 2 wheeler sales in FY26, Nomura says that in this period, 9-10 per cent in sales of TVS motor, 4-5 per cent increase in sales of TVS (entry level) and 7-8 per cent in Hero Moto sales. Might be possible.
On the sale of CV in FY 2026, Nomura says that during this period, Tata Motors’ sales, Ashok Leyland truck sales and single digit growth in Ashok Leyland bus sales is also expected.
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