Auto stocks: Festive demand gets a low-base boost; can earnings justify valuations?

Sep 29, 2026

The Indian automobile market is witnessing robust retail sales as the festive season draws near. A significant year-on-year uptick of 81.8% was recorded in early September 2026, primarily attributed to a previously low base. However, analysts speculate that growth rates might decelerate in the latter half of FY27 due to last year's high benchmarks. Mahindra & Mahindra is anticipated to thrive, bolstered by an extensive product lineup.

Morning Dispatcher

Get all the up-to-date breaking news about politics, business, entertainment, sports, lifestyles, weather, traffic, and local news in a seamless digital environment only in Morning Dispatcher.