Motilal Oswal stays bullish on Maruti, TVS and M&M stocks
In short
Motilal Oswal stayed bullish on Maruti Suzuki, TVS Motor and Mahindra & Mahindra ahead of the festive season. It pointed to stronger vehicle sales and said car volumes rose 20.4% in August 2026, with Maruti and Honda doing well.
This matters because investors often watch auto stocks when sales improve. The target prices are not given, and it is not clear how long the positive view will continue.
What the reporting says
Motilal Oswal remained bullish on Maruti Suzuki, TVS Motor and Mahindra & Mahindra ahead of the festive season, according to a publisher summary. The note cited increased vehicle sales and said car volumes rose 20.4% in August 2026, with Maruti and Honda as key outperformers. The reporting does not give the target prices or say how long the upbeat view will last.
Why it matters
Motilal Oswal stayed bullish on Maruti Suzuki, TVS Motor and Mahindra & Mahindra ahead of the festive season, citing increased vehicle sales and a 20.4% rise in car volumes in August 2026. The note highlights Maruti and Honda as outperformers, which supports a positive view on OEM auto stocks, but the target prices and the duration of the call are not stated.