Neutral impactSector
Best auto stocks to buy ahead of Diwali 2026: Nuvama bets big on Eicher Motors, Hyundai and Tata Motors PV - Here's why
Mint 1 hr ago·25 Oct 2026, 8:35 am
Nuvama has identified Eicher Motors as a key pick for the upcoming festive season, citing the strong demand for its Royal Enfield motorcycles. The brokerage expects the company to benefit from a gradual recovery in the two-wheeler market, which has been a key growth driver for the stock. However, the firm cautions that while the festive period often boosts sales, the broader outlook for FY27 may see growth moderate in the second half.
For investors, this signals a need to balance optimism with caution. The near-term rally in auto stocks is typically driven by festive sales, but sustaining momentum requires broader market recovery. Investors should keep an eye on Eicher's order book and production volumes to gauge whether the current enthusiasm is backed by long-term demand or temporary spikes.
Moving forward, the focus will be on how Eicher navigates potential headwinds in the latter half of the fiscal year. Monitoring quarterly earnings and industry-wide trends will be crucial to understanding whether the stock can maintain its upward trajectory beyond the festive season.
Excerpt from Mint
Nuvama favours Eicher Motors, Hyundai and Tata Motors’ passenger-vehicle business ahead of Diwali 2026, but expects growth to moderate in FY27’s second half. Early festive registrations are mixed: commercial vehicles and two-wheelers are up, while passenger vehicles are down. Eicher Motors , Hyundai and Tata Motors'…Read the original at Mint
Affected stocks
Neutral3 stocks
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Eicher Motors (EICHERMOT).
- Category: Sector.
- Also mentions TMCV, TMPV.
Why it matters
A routine update for Eicher Motors. Use the price and stock snapshot to gauge how the market is responding.
