Auto stocks in focus on May 2: Maruti, TVS Motor, Eicher Motors, Atul Auto post growth; Tata Motors sees decline

Shares of automobile companies are in focus today, May 2, as listed automakers announced their sales figures for April 2025. While TVS Motor, VST Tillers Tractors, and Eicher Motors posted robust growth, Tata Motors witnessed a decline in both commercial and passenger vehicle segments.

According to the April auto sales update:

• Maruti Suzuki reported a 7% YoY rise in total sales at 1.80 lakh units versus 1.68 lakh units last year. Exports surged 26% to 27,911 units, while domestic passenger vehicle sales rose marginally by 0.6% to 1.39 lakh units.

• VST Tillers Tractors saw total sales nearly double, up 94.8% YoY at 2,320 units compared to 1,191 units in April 2024.

• TVS Motor posted a 16% increase in total sales to 4.44 lakh units. Two-wheeler sales rose 15% to 4.30 lakh units, while electric vehicle sales jumped 59% to 27,684 units. Exports grew by 45% and three-wheeler sales surged 50%.

• Atul Auto recorded a modest 2% YoY increase in total sales to 1,725 units.

• Tata Motors reported a 6.2% decline in total sales at 72,753 units. Domestic sales fell 7% to 70,963 units. Commercial vehicle (CV) sales dropped 8%, and passenger vehicle (PV) sales (including EVs) declined 5% YoY.

• Eicher Motors registered a 27.3% YoY increase in total VECV sales (including EVs) to 6,846 units. Domestic sales rose 27.7% to 6,257 units, while exports climbed 29.2% to 460 units.

• Hyundai Motor India reported total monthly sales of 60,774 units, comprising 44,374 units sold domestically and 16,400 units exported.

The mixed bag of sales data is likely to influence trading sentiment in auto stocks throughout the day.

Disclaimer: This article is for informational purposes only. It is not intended to be investment advice or a recommendation to buy or sell any stock. Readers are advised to consult their financial advisor before making any investment decisions.

Arunika Jain, a graduate in Mass Communication, brings a fresh perspective to the world of journalism. Arunika has a passion for writing finance and corporate news at BusinessUpturn.com. You can write to her at [email protected]

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