Company updateBusiness Standard
Festive demand and export recovery drive auto sector growth
Positive+13
GreyOak summary
The Indian auto sector saw healthy wholesale momentum in October 2026, driven by festive demand and improved exports. Passenger vehicles grew 20% YoY, while two-wheelers rose 19.6% and commercial vehicles increased 28%. Retail registrations declined due to a high base effect. TVS Motor reported a 47% rise in EBITDA and a 52% increase in PAT for the quarter.
What it affects
- AutoPositive +13
Wholesale growth driven by festive demand and exports.Rolling sentiment Positive +28
