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Bloomberg Quint

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Image Credit: Bloomberg Quint

TVS Motors, Mahindra Top Auto Picks As Two-Wheelers, Tractors Drive Growth

  • Two-wheeler and tractor sectors are expected to see positive growth, while the heavy and medium commercial vehicle segment may remain flat.
  • TVS Motor Co., Mahindra & Mahindra, Hyundai Motor India, and Eicher Motors are among Yes Securities' top picks for original equipment manufacturers.
  • Bus volumes are projected to reach record highs, but passenger vehicle demand is weak, anticipating a decline in retails for May 2025.
  • Tractor retail sales are expected to grow, though non-agricultural tractor demand remains weak with an anticipated volume decline.

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