02 Nov 2026 | 5 Mins Read

Auto stocks like Maruti Suzuki, Tata Motors gain up to 3% on robust October sales

Flipitmoney

Shares of automakers rose on November 2 after strong October sales, highlighting resilient festive demand. Maruti Suzuki, Ashok Leyland, and Tata Motors led gains, while TVS Motor’s sales jumped 29%. Analysts favored two-wheeler and commercial vehicle makers for better price-hike capability. However, tractor sales fell 12% at Mahindra & Mahindra, mainly due to shifted festive dates.