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Auto Stocks in Spotlight: Maruti Suzuki and Tata Motors Unveil Key Sales Data Monday

Auto stocks, including Maruti Suzuki and Tata Motors, will be in focus Monday as they release monthly sales data, revealing varied trends across sales and production segments.

Auto stocks will be a focal point on Monday, with companies like Maruti Suzuki and Tata Motors revealing their monthly sales data, showing varied trends in sales and production across different segments.

Maruti Suzuki’s total sales declined by 2%, though domestic sales increased slightly. Meanwhile, Tata Motors displayed growth in both total and domestic sales, with a modest 2% increase.

Mahindra & Mahindra reported a significant 16.7% rise in total sales, driven by strong performances in both passenger vehicles and tractors, which saw substantial growth in domestic and export markets.

In contrast, Hero MotoCorp experienced a decline in overall sales, with domestic sales falling more sharply than exports, which actually increased substantially. Similarly, Eicher Motors saw a drop in Royal Enfield sales, although their international business grew.

Significant developments in other sectors include Coal India’s production and offtake increase, MOIL’s price hikes on manganese ore, and Adani Ports’ major concession agreement in Tanzania, enhancing its operational footprint.

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