Auto stocks: Nomura sees October growth led by EVs, SUVs and scooters; M&M, Ather and TVS outperform

Nomura continues to prefer M&M, Hyundai Motor India, Ather Energy, TVS Motor and Sona BLW Precision Forgings (Sona Comstar), all rated 'Buy'.

Nov 2, 2026 - 11:00
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Auto stocks: Nomura sees October growth led by EVs, SUVs and scooters; M&M, Ather and TVS outperform
Nomura continues to prefer M&M, Hyundai Motor India, Ather Energy, TVS Motor and Sona BLW Precision Forgings (Sona Comstar), all rated 'Buy'.

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