Auto Stocks Rally 5% In Early Trade As April Sales Kick Off FY27 On Strong Note

Shares of automakers rose up to 5% on Monday in early trade after companies reported strong April sales, lifting the Nifty Auto index over 1% to 26,193. The move comes at the start of the new financial year, with early demand trends drawing investor attention. At 1:53 pm, the Nifty Auto Index was up 0.11%, trading at 25,946.5.

Maruti Suzuki and Bajaj Auto led the gains. Both stocks jumped nearly 5% intraday. Eicher Motors and Mahindra & Mahindra also traded higher, while Tata Motors saw modest gains.

Maruti Suzuki Hits Record Monthly Sales

Maruti Suzuki shares climbed nearly 5% to ₹13,976 in early trade after the company reported its highest-ever monthly sales of about 2.4 lakh units in April. This marked a rise of more than 33% from 1.8 lakh units a year ago. At 1:55 pm, Maruti Suzuki shares were trading at ₹13,518, up 1.53%.

Domestic sales stood at 1,91,122 units. This is higher than 1,42,053 units in April last year. It also crossed the earlier peak of 1,82,165 units seen in December 2025. Partho Banerjee, Senior Executive Officer (Marketing & Sales), said that small cars played a key role in the growth. He said the company has started the year on a strong note.

Bajaj Auto Driven By Export Growth

Bajaj Auto shares also rose nearly 5% to ₹10,477.5. At 1:55 pm, Bajaj Auto shares were trading at ₹10,110.50 a piece on the NSE, up 1.17%. The company reported total sales of about 5.14 lakh units in April, from 3.66 lakh units last year.

Exports drove the growth, rising 83% year-on-year (YoY). Domestic sales increased 13% to 2.48 lakh units, while:

• Two-wheeler sales rose 38% YoY.

• Commercial vehicle sales increased 54% YoY.

Eicher Motors, M&M Extend Gains

Eicher Motors shares gained around 3% intraday to ₹7,310. At 1:55 pm, Eicher Motors shares were trading at ₹7,261 a piece, up 2.14%. Royal Enfield sales rose 31% YoY to 1.13 lakh units in April. Domestic sales climbed 37% to 1.04 lakh units. However, exports fell 14% to 9,035 units from 10,557 units a year ago.

Mahindra & Mahindra shares rose over 2% intraday to ₹3,172. The company reported total vehicle sales of 94,627 units, up 14% YoY. Its:

• Domestic passenger vehicle sales rose 8% to 56,331 units.

• Commercial vehicle sales stood at 23,427 units.

At 1:59 pm, Mahindra & Mahindra shares were trading at ₹3,100.70 a piece.

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Tata Motors, Two-Wheeler Makers Trade Higher

Tata Motors’ passenger vehicle shares gained over 1% intraday to ₹345.90. Domestic passenger vehicle sales rose 30.5% to 59,000 units in April. Total passenger vehicle sales increased 31% YoY to 59,701 units. At 1:56 pm, Tata Motors shares were trading at ₹342.70 a piece on the NSE.

Shares of TVS Motor and Hero MotoCorp also traded in the green with marginal gains, tracking the broader strength in the auto sector.

Sources:

The Economic Times

Business Standard