M&M, TVS & Uno Minda among top picks by Nuvama ahead of December auto sales

Quick Summary:

Nuvama analysts said December is expected to bring encouraging results for the industry.

Mahindra & Mahindra (MM), Maruti Suzuki India Limited (MSIL), and Hyundai are likely to record growth, while Tata Motors Passenger Vehicles (TTMT-PV) is expected to see a decline.

However, TTMT-CV is projected to see a slight decline of 1 per cent Y-o-Y, with volumes dropping to 33,900 units.

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Category: BusinessFinance

Markets: India

Topics: Uno Minda Indian equities PVs Two wheeler sales Royal Enfield 2W sales Eicher Motors-RE December auto sales Maruti sales Automobile sector Nifty Auto index TVS Motor Auto index CVs Auto sales figure Automotive components Tata Motors Tata Motors sales Auto sales Auto stocks Ashok Leyland sales SAMIL Auto sales preview Eicher Motors Indian Stock Market December auto sales prediction Tractor sales Automotive industry Markets Today Automobile industry Three wheeler sales Ashok Leyland Maruti Suzuki sales Auto sales December 2024 Tractors Mahindra Bajaj Auto sales Auto sales preview

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-31 @ 08:05:09 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 726 words

Reading Time: 5 minutes read

Sentences: 31 lines

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Copyright Owner: © Business Standard

News ID: 24766129

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