Auto Sector Witnesses Positive Trends: TVS Leads the Charge, Surpassing Hero MotoCorp

The auto sector displayed a positive trend on August 4th, with the Nifty Auto index experiencing a strong intraday performance. The index saw an increase of 1.51%, reaching 23,764.90. Many auto stocks showed gains, while MRF was the only one to decline, falling by approximately 1%. TVS Motor led the pack, contributing the most to the Nifty Auto index with a 3.66% increase. Hero MotoCorp, Tube Investments of India, Bharat Forge, Eicher Motors, and Exide India also performed well. TVS Motor reported a 29% increase in total sales for July 2025, reaching 456,350 units, up from 354,140 units in July 2024. The company’s two-wheeler sales also rose by 29%, reaching 438,790 units. Domestic two-wheeler sales for TVS Motor increased by 21%. Hero MotoCorp’s sales in July 2025 saw a 21% increase. Eicher Motors’ Royal Enfield unit also saw a 25% increase in domestic sales. Stocks such as M&M, Ashok Leyland, Bosch Limited, Bajaj Auto, and Mahindra & Mahindra experienced gains. Bajaj Auto’s domestic sales decreased by 13%. Mahindra & Mahindra’s total sales in July experienced a 26% growth. The company also acquired a majority stake in SML Isuzu Limited, renaming it SML Mahindra Limited.