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Indian and foreign automakers will release their sales data for the month of March 2026 on Wednesday. Tata Motors, Maruti Suzuki, Mahindra and Eicher Motors are among the companies that are in focus. Shares could react to their sales data if it comes during trading session.
Based on the average of brokerage reports, it could be a strong finish to the financial year for two-wheelers, continued momentum in passenger vehicles, sustained demand in commercial vehicles driven by expectations of a GST rate cut, and improved tractor sales supported by early Navratri demand.
Hyundai Motor India achieved total Q4 sales of 2,08,275 units in the January to March 2026 period, reporting a YoY growth of 8.7%. This includes domestic Q4 sales of 1,66,578 units (8.5% YoY) – HMIL’s highest-ever quarterly tally for domestic sales since inception and Q4 export contribution of 41,697 units (9.4% YoY).
Source: Exchange Filing
Hyundai Motor India March Auto Sales Update (YoY):
Source: Exchange Filing
Ola Electric said demand recovery in March is being driven by a structural transformation in service operations. Over 80% of vehicles are now serviced on the same day, enabled by improved parts availability, faster diagnostics, and tighter operational control across the network.
Following a period of service challenges in recent months, the company has implemented deep operational changes, resulting in significantly improved turnaround times and customer experience, strengthening customer trust and driving demand.
Source: Exchange filing
Ola Electric reported a strong surge in activity during March, with daily orders crossing the 1,000-unit mark in the final week of the month.
Vehicle registrations rose sharply by 150% month-on-month to 10,117 units, indicating a significant.
Source: Exchange filing
Mahindra & Mahindra reported healthy growth across key segments in March, led by strong performance in passenger vehicles and tractors.
Total passenger vehicle (PV) sales rose 25% year-on-year to 60,272 units. This was marginally below market estimates of 61,821 units. Three-wheeler sales increased sharply by 39% year-on-year to 10,801 units during the month.
Total vehicle sales climbed 21% year-on-year to 99,969 units. Exports, however, grew at a slower pace, rising 4% year-on-year to 3,968 units.
The tractor segment delivered a strong outperformance. M\&M sold 43,403 tractors in March, marking a 33% year-on-year increase and comfortably beating estimates of 41,389 units.
Overall, the robust tractor volumes and steady growth in passenger vehicles underscore sustained demand momentum for the company, despite a slight miss on PV estimates.
SML Mahindra shares hit 5% upper band on NSE after March sales rose 6%.
Source: Exchange Filing
VST Tillers Tractors' total sales declined 37% YoY to 4,940 units.
Source: Exchange Filing
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