ADVERTISEMENT
Ashok Leyland, Ather Energy, Bharat Forge — HDFC Securities Top Stock Pick In Auto Sector; Q1 Results Preview
A key surprise impact on margins could come on key export companies, especially Balkrishna Industries, from ocean freight costs that saw a spike, adds the brokerage.
14 Jul 2025, 07:00 AM IST 
Higher raw material costs, especially steel and platinum group metals, to impact gross margins of OEMs.
(Photo by Lenny Kuhne on Unsplash)
Softer demand both domestically and globally continues to impact volume growth. Key exceptions to this are TVS Motor, Eicher Motors, and Mahindra and Mahindra. While TVS Motors is riding on the back of its successful models and variants, including the EVs, it has also been expanding its geographic footprint, thus adding further legs to its growth.
I’m already a Subscriber
To continue reading this storySubscribe to Unlock & Enjoy your
Subscriber-Only benefits
Subscriber-Only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Subscriber-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
Stories20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Subscriber-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
