Auto stocks to buy, Sept. 29 -- Increased inventory push ahead of the festive season is likely to boost volumes for two wheeler and four wheeler vehicles. As the upcoming festivals like Diwali, Dussehra, Navratri, etc often coincides with higher vehicle sales, Motilal Oswal remains bullish on original equipment manufacturer (OEM) stocks, ie Maruti Suzuki India, TVS Motor and M&M.

Scooters sale drive the growth in the two-wheeler segment ahead of the festive season, market leader Honda Motorcycles and Scooter India Pvt Limited (HMSI) underperformed, TVS Motors Company Limited (TVSL) continued to gain, noted Motilal Oswal in its report.

Car volumes increased by 20.4% in August 2026, with Maruti Suzuki Limited, Hyundai Motor India Limited,...