Motilal Oswal stays constructive on auto, sees growth moderating
In short
Motilal Oswal Wealth Management Research Desk remains positive on the auto sector. It says volume growth may slow from the high levels seen in 1HFY27, and it names TVS Motor and Bajaj Auto as top picks.
This matters for auto stocks because the outlook is still constructive, even with slower growth expected ahead. The reporting does not give price targets or explain why growth may moderate.
What the reporting says
Motilal Oswal Wealth Management Research Desk remains constructive on the auto sector, according to the publisher summary. The note says it expects volume growth to moderate from the elevated levels seen in 1HFY27 and names TVS Motor and Bajaj Auto as top picks in the sector. The reporting does not give specific target prices or a reason for the moderation.
Why it matters
Motilal Oswal Wealth Management Research Desk remains constructive on the auto sector and expects volume growth to moderate from the elevated levels seen in 1HFY27, while naming TVS Motor and Bajaj Auto as top picks. That suggests continued interest in auto equities, but with a softer growth outlook ahead. The reporting does not provide valuation targets or a catalyst for the moderation.