May Auto Sales Preview: Positive Trends In Tractors, 2Ws; Anand Rathi Prefers Escorts Kubota, Maruti Suzuki

M&M’s wholesale volumes grew 10% (market share gains aided by a better geographic mix) while Escorts’ volumes fell 2%. Royal Enfield’s 2W wholesale volumes grew 19%, TVS Motors’ 14%, Bajaj’s and Hero’s 2% each..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Anand Rathi Report.In May 2025, tractor volumes were broadly in line with our estimate, growing in mid-single digits YoY, supported by unseasonal rains, an MSP hike and healthy agricultural activity. Two-Wheelers too were in line with our estimate, growing in mid-single digits YoY supported by the wedding season. Passenger vehicles were slightly below our estimate on a sluggish retail trend, with a low single-digit fall. As we expected, commercial vehicles were flat. Ahead, rural markets, the monsoon, rabi output, cash-flow, better interest rates and higher disposable incomes thanks to tax cuts would maintain momentum. We have a neutral view on the auto sector. Our preferred picks are Escorts Kubota and Maruti Suzuki..Click on the attachment to read the full report:.Titagarh Rail Q4 Results Review: Weak FRS, Margin Contraction Disappoints; Systematix Downgrades To 'Hold'.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

May Auto Sales Preview: Positive Trends In Tractors, 2Ws; Anand Rathi Prefers Escorts Kubota, Maruti Suzuki

Anand Rathi has neutral view on the auto sector.

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