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M&M, TVS Motors Are Macquarie's Top Picks As Auto Stocks Upgraded

Macquarie sees tractors and two-wheelers leading growth in FY26, while passenger vehicle and commercial vehicle growth is expected to remain relatively muted.

Heena Ojha

Macquarie said that entry segment growth continues to lag. (Image source: Unsplash)

Mahindra & Mahindra Ltd. and TVS Motor Co. are Macquarie's top picks as the brokerage updated its ratings and target prices for several stocks in the auto sector.

Also Read: Stock Market Today: Nifty Ends Above 25,000; Sensex Jumps Over 1,000 Points As HDFC Bank Leads

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