Nifty Auto Index Climbs Nearly 2% as Automakers Report Robust YoY Growth
Shares of top Indian automakers surged on May 2 after companies posted strong April 2025 sales data, boosting overall investor sentiment across the auto sector. The Nifty Auto index rose nearly 2 percent during morning trade, reaching around 22,682, as key players such as Maruti Suzuki, Mahindra & Mahindra (M&M), and TVS Motor recorded significant year-on-year (YoY) sales growth. The upbeat sales performance comes amid easing supply chain constraints, strong rural demand, and a rebound in exports across categories, including electric vehicles and light commercial vehicles.
Highlights:
Nifty Auto index rises 2% to 22,682 amid positive auto sales data.
Maruti Suzuki, M&M, TVS Motor shares rally up to 4% on April performance.
Strong domestic and export growth supported sector-wide investor optimism.
Maruti Suzuki Shares Jump 4% on 7% Overall Sales Growth
Exports Surge 26% While Domestic Sales Grow Modestly
Maruti Suzuki shares surged nearly 4 percent to Rs 12,694—marking their highest level in over two months—after reporting a 7 percent YoY growth in total sales for April 2025, reaching 1.80 lakh units. The automaker’s domestic sales grew 4 percent YoY to 1.52 lakh units, supported largely by growth in the Light Commercial Vehicles (LCV) segment, which recorded a 34 percent jump to 3,349 units. Meanwhile, exports saw a sharp rise of 26 percent YoY to 27,911 units. The passenger vehicle category grew marginally by under 1 percent, totaling 1.39 lakh units.
Highlights:
Total sales up 7% YoY to 1.80 lakh units in April 2025.
Exports rose 26% YoY to 27,911 units.
LCV segment led domestic growth with a 34% increase in April.
Shares hit Rs 12,694, highest level in over two months.
Mahindra & Mahindra Gains 2% as SUV Sales Climb 28%
Total April Sales Up 19%, Exports Rise 82% YoY
Mahindra & Mahindra shares jumped nearly 2 percent to Rs 2,974.90 following a strong 19 percent YoY rise in total sales, reaching 84,170 units in April 2025. The standout performer was the passenger vehicle segment, which saw a 28 percent YoY increase, driven primarily by SUV demand. Export figures were equally impressive, with a sharp 82 percent surge to 3,381 units. M&M’s President of Automotive Division, Veejay Nakra, attributed the strong April start to a robust product portfolio and sustained consumer interest, particularly in the SUV segment.
Highlights:
Total vehicle sales rose 19% to 84,170 units YoY.
SUV sales surged 28% YoY to 52,330 units.
Exports soared 82% YoY to 3,381 units.
Stock traded at Rs 2,974.90, driven by strong demand momentum.
TVS Motor Shares Climb 2% on Broad-Based April Growth
Electric Vehicle Sales Surge 59%; Total Sales Cross 4.44 Lakh Units
TVS Motor shares rose almost 2 percent to Rs 2,718 in early trading after reporting a 16 percent YoY increase in total sales to 4.44 lakh units in April 2025. Electric vehicles continued to show rapid expansion, with sales growing 59 percent to 27,684 units, underlining the company’s growing foothold in the EV segment. Two-wheeler sales grew 15 percent to 4.30 lakh units, while three-wheeler volumes surged 50 percent to 13,566 units. Export figures also rose significantly by 45 percent to 1.17 lakh units, reinforcing the company’s global market strategy.
Highlights:
Total sales up 16% YoY to 4.44 lakh units in April.
Electric vehicle sales rose 59% YoY to 27,684 units.
Three-wheeler sales grew 50% YoY to 13,566 units.
Exports increased 45% YoY to 1.17 lakh units.
