``

Auto Stock Prices Analyzed

The prices of car companies went up significantly this week. The Auto Index, which tracks these companies, reached a new high at 27,832.60 on the NSE. This happened because people expected to see more cars sold during November. The index was higher than it had been before, reaching 27,725.25 on September 23, 2025.

Key Points

• Auto Index hit new high at 27,832.60.
• November sales expected to be strong.
• Tata Motors & Ashok Leyland rose 5% each.
• Two-wheeler companies up 1% each.
• Auto index outperformed the market by 3.3%.
• Auto index surged 17% in the last four months.

What’s Driving the Stock Prices?

Experts believe strong car sales in November are the reason for the price increase. Nuvama Institutional Equities predicts these sales will be very high, thanks to things like lower taxes and increased demand for cars.

Specifically, the Commercial Vehicle (CV) industry is expected to grow by 15% in November, primarily due to reduced taxes, more trucks being used, and easier financing for businesses. The two-wheeler sector is also showing healthy growth, with factors like affordable prices and increased demand supporting this trend.

Company Performance

Tata Motors is expected to remain a leader in India’s CV market, supported by the country’s growing economy and infrastructure projects. They are also planning to buy Iveco, which could change their financial situation but is predicted to be a good move for the company.

Ashok Leyland is doing well with its trucks and is investing in electric vehicles, though some analysts think their stock price might not go up as fast as expected in the short term. They are aiming to sell 16,700 trucks and 32,500 vehicles in the next year.

Analyst Ratings & Targets

Analysts recommend holding Ashok Leyland stock, suggesting a target price of ₹165. This is based on their assessment of the company’s future performance and financial health.

Overall, the strong performance of the auto industry is boosting the stock prices of these companies, signaling a positive outlook for the sector.

“The automotive sector’s growth trajectory indicates continued investment opportunities and market leadership.”

`