Maruti Suzuki vs TVS Motor vs Mahindra: Which auto stock to buy ahead of festive season? Check target price
Maruti Suzuki moved higher.
29 Sept 2026 · LiveMint Markets
Motilal Oswal remains bullish on OEM auto stocks like Maruti Suzuki, TVS, and M&M due to increased vehicle sales ahead of the festive season. Car volumes saw a 20.4% rise in August 2026, with Maruti and Honda as key outperformers.
The analysis
Maruti Suzuki reported movement of 20.4%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.4% on the day at ₹11,468.00, and has returned -21.5% over three months. It sits 34% below its 52-week high, which means a good deal of bad news was already in the price. The auto sector has moved -6.1% over the same period, so Maruti Suzuki is running 15.4 points behind its peers.
For Maruti Suzuki, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.
Market context
- The company directly in focus is MARUTI.
- Sector exposure: Auto.
- The immediate tone of coverage reads positive.
In this story
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