Introduction:
In November 2024, the Indian auto industry displayed a varied performance, with passenger vehicles thriving on SUV and EV demand, while commercial vehicles and tractors faced challenges due to weak market conditions, highlighting a mixed trajectory across different automotive segments.
Hyundai Motor India Ltd:
Hyundai achieved 61,252 sales in November 2024, with 48,246 domestic and 13,006 exports. SUVs dominated domestic sales at 68.8%, rural contributions reached 22.1%, and CNG vehicles, driven by Hy-CNG Duo technology, accounted for 14.4% of total sales.
On December 2, 2024, Hyundai Motor India Ltd (NSE : HYUNDAI) opened at ₹1,875.00, reaching an intraday high of ₹1,915.45 and a low of ₹1,870.25. The stock is currently trading at ₹1,896.00, down 1.07%, with a market cap of ₹1,54,057.79 crore.
Hyundai Motor India Ltd, a subsidiary of Hyundai Motor Company, is a leading automaker in India, offering a diverse range of vehicles. Known for innovation, quality, and customer focus, it dominates segments like SUVs and compact cars, catering to urban and rural markets.
JSW MG Motor India:
JSW MG Motor India reported 6,019 sales in November 2024, marking a 20% YoY rise. Electric crossover Windsor led growth with 3,144 units sold. New energy vehicles contributed 70% of sales, reflecting their pivotal role in the company’s success.
JSW MG Motor India, renowned for its electric and innovative vehicles, is a growing player in the automotive market but still needs to be listed on the stock exchange.
JSW MG Motor India, a joint venture specializing in innovative automobiles, focuses on electric and hybrid vehicles. It is renowned for integrating advanced technology and sustainability, contributing to India’s growing EV market, and redefining customer experience with futuristic automotive solutions.
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Escorts Kubota Ltd:
Escorts Kubota saw a 9.4% YoY decline in November 2024, selling 8,974 units, including 8,730 domestic tractors (-8.1%). Exports fell 39.5% to 244 units. However, festive months boosted tractor sales by 9%, totaling 38,554 units (September-November).
On December 2, 2024, Escorts Kubota Ltd (NSE: ESCORTS) opened at ₹3,534.05, hitting an intraday high of ₹3,560.00 and a low of ₹3,503.70. The stock is currently trading at ₹3,537.85, reflecting a 0.45% decline, with a market cap of ₹39,580.67 crore.
Escorts Kubota Ltd, a leader in agricultural and construction machinery, provides tractors, engines, and industrial equipment. Combining innovation with engineering excellence, the company addresses rural needs and infrastructure development, contributing significantly to India’s agricultural and industrial growth.
Toyota Kirloskar Motor
Toyota Kirloskar Motor achieved 25,586 sales in November 2024, a 44% YoY rise from 17,818 units. This growth was driven by robust SUV demand, solidifying Toyota’s position as a key player in the Indian automotive market.
Toyota Kirloskar Motor is a leading Indian automaker known for its SUVs and innovative vehicles, but the company remains unlisted in the stock market.
Toyota Kirloskar Motor, a joint venture between Toyota Motor Corporation and Kirloskar Group, is a prominent automaker in India. It is known for its reliable vehicles, especially SUVs, offering advanced technology, durability, and environmental sustainability across diverse customer segments.
Maruti Suzuki India Ltd:
Maruti Suzuki led with 1.81 lakh sales in November 2024, marking a 10.4% YoY growth. Domestic sales grew 8.1% YoY to 1.53 lakh units, while exports surged 24.8% YoY to 28,633 units, driven by international demand.
On December 2, 2024, Maruti Suzuki India Ltd (NSE: MARUTI) opened at ₹11,151.00, hitting an intraday high of ₹11,330.00 and a low of ₹11,151.00. The stock is currently trading at ₹11,309.75, up 2.13%, with a market cap of ₹3,55,581.45 crore.
Maruti Suzuki India Ltd, India’s largest automaker, specializes in affordable and fuel-efficient vehicles. As a market leader, it continues to shape the nation’s automobile landscape with innovative designs, robust service networks, and strong customer loyalty in both domestic and international markets.
Tata Motors Ltd:
Tata Motors recorded 74,753 sales in November 2024, a slight 0.8% YoY increase. Domestic sales grew 1% to 73,246 units, but commercial vehicle sales declined 1% YoY to 26,183 units, reflecting mixed performance across segments.
On December 2, 2024, Tata Motors Ltd (NSE: TATAMOTORS) opened at ₹787.30, hitting an intraday high of ₹796.75 and a low of ₹785.00. The stock is currently trading at ₹789.90, reflecting a 0.44% increase with a market cap of ₹2,90,761.54 crore.
Tata Motors Ltd, part of the Tata Group, is a global automobile manufacturer offering commercial and passenger vehicles. Known for innovation and sustainability, it leads segments like electric vehicles and trucks, contributing significantly to India’s automotive and transportation advancements.
TVS Motor Company Ltd:
TVS Motor reported 4.01 lakh sales in November 2024, a 10.2% YoY growth. Two-wheeler sales rose 12% YoY to 3.92 lakh units, while electric vehicle sales soared 57% YoY to 26,292 units, showcasing growing demand for sustainable mobility.
On December 2, 2024, TVS Motor Company Ltd (NSE: TVSMOTOR) opened at ₹2,457.05, hitting an intraday high of ₹2,482.90 and a low of ₹2,451.00. The stock is currently trading at ₹2,477.70, reflecting a 1.78% increase with a market cap of ₹1,17,712.33 crore.
TVS Motor Company Ltd, a leading two-wheeler and three-wheeler manufacturer, is renowned for innovation, quality, and sustainability. Offering motorcycles, scooters, and electric vehicles, it caters to urban and rural consumers, reinforcing its position as a key player in the Indian automobile industry.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
