The auto sector experienced positive momentum on August 4th, with the Nifty Auto index reaching an intraday high of 23,764.90, marking a 1.51% increase. The surge was driven by strong performances from several auto stocks, although passenger vehicle sales in July showed modest growth. TVS Motor emerged as a top performer, contributing significantly to the Nifty Auto index with a 3.66% rise. Other notable gainers included Hero MotoCorp (3.48%), Tube Investments of India (3.07%), Bharat Forge (2.5%), Eicher Motors (2.21%), and Exide India (1.99%). TVS Motor announced a 29% increase in total sales for July 2025, reaching 456,350 units, compared to 354,140 units in July of the previous year. Two-wheeler sales for the company saw a 29% rise, reaching 438,790 units, up from 339,676 units in July 2024. Domestic two-wheeler sales for the Chennai-based company also increased by 21%, reaching 308,720 units, compared to 254,250 units in the same month last year. Hero MotoCorp experienced a 21% increase in sales for July 2025, totaling 449,755 units, up from 370,274 units the previous year. Domestic sales for Hero MotoCorp reached 412,397 units, compared to 347,535 units in July last year. Eicher Motors’ Royal Enfield unit saw a 25% increase in domestic sales, reaching 76,254 units, compared to 61,208 units the previous year. Other stocks that showed gains included M&M, Ashok Leyland, Bosch Limited, Bajaj Auto, and Mahindra & Mahindra.
