Auto Stocks

Auto sector Q4 results review: Revenue of auto OEMs, excluding Tata Motors Passenger Vehicles, grew 24.1% YoY in the March quarter, driven by more than 20% YoY increase in the tractors, LCV, two-wheelers and MHCV segments’ volumes, and teens growth in the PV and LCV segments’ volumes.

Among the top losers in the Nifty Auto index were TVS Motor Company, Hero MotoCorp, Eicher Motors, and Ashok Leyland, with shares falling between 1% and 3%. Other laggards included Maruti Suzuki and Tata Motors Passenger Vehicles shares.

JBM Auto share price jumped as much as 7.26%, Ola Electric shares surged 4.49%, Ather Energy stock price spiked 5.6%, while Olectra Greentech shares rallied 4.9%.

Bajaj Auto buyback: Bajaj Auto has fixed the buyback price at ₹12,000 apiece, suggesting a premium of 16.3% over the last closing price of ₹10,314.60.

Bajaj Auto Q4 Results Highlights: The two-wheeler maker posted bigger-than-expected profit in the fourth quarter, helped by strong local and overseas demand for its two- and three-wheelers.

Hero MotoCorp Q4 Results 2026 LIVE: The company announced its March-quarter results today after market hours, reporting a consolidated net profit of ₹1,401 crore, ahead of analysts’ estimates.

The domestic equity benchmarks rallied on May 4, supported by positive auto stock performance and a dip in crude prices. Nifty 50 increased by 1% to 24,236, indicating a consolidation phase as it faces resistance levels, while broader markets may need time to stabilize.

Investor confidence in OLA Electric has risen as shares hit ₹30.27, marking a 33% gain this month. Factors include a spike in vehicle registrations and a price reduction on its motorcycle. However, the stock still trades significantly below previous highs, indicating ongoing challenges.