Auto Stocks

Eicher Motors jumped 2% to ₹7,477 apiece, while Maruti Suzuki, UNO Minda, TVS Motor Company, Hero MotoCorp, and Bajaj Auto were all trading with gains of over 1%. Tracking gains in major auto stocks, the Nifty Auto index hit a fresh record high of 29,179.

Entering 2026, India's auto sector shows resilience with a 22% rise in the Nifty Auto index, supported by GST cuts, rural recovery, and strong demand, despite mixed stock performances among key players.

Investors will be closely tracking M&M and other auto players’ third-quarter earnings, as Q3 will be the first full quarter to reflect the impact of the goods and services tax (GST) cut implemented by the government at the end of September 2025.

JBM Auto share price opened at ₹593.75 against its previous close of ₹577.90 and jumped 11.6% to an intraday high of ₹645. Around 12:15 pm, the stock was 10.26% up at ₹637.20. Equity benchmark Sensex was flat at 85,544 at that time.

Ashok Leyland shares are at 52-week highs, surging over 55% this year. On a monthly scale, the stock is already 8% up in December after an impressive 12% jump in November. On the other hand, the equity benchmark Sensex is down 1.20% for December.

India's passenger vehicle market is thriving, with Maruti Suzuki outperforming Hyundai Motor India. Maruti's recent sales records and solid fundamentals suggest it may be the better long-term investment, while Hyundai shows potential for improvement with key technical indicators.

Force Motors has delivered exceptional returns to investors, with a 164% increase in shares over the last year. The company, known for its diverse automotive range, has consistently shown growth, achieving an 8,000% rise since 2013 and reaching an all-time high of ₹21,999.

Hyundai Motor India share price fell 2.7% to ₹2,275, losing 21% from its peak in September. Despite a strong rally earlier, the stock has closed lower in six of the last eight weeks. Analysts have mixed ratings, highlighting concerns over future growth and market share ambitions.

Small-cap auto stock Pavna Industries on Thursday announced that the board will meet on Wednesday, November 12, to consider and approve financial results for the quarter ended on September 30, 2025.

Ola Electric's stock surged 5% to ₹55.20 as it launched its first residential Battery Energy Storage System (BESS). With its entry into the BESS market, Ola Electric expects its annual BESS capacity consumption to reach 5 GWh over the next couple of years.