BusinessPhoto: Mint MarketsNuvama Backs Eicher, Hyundai, Tata Motors Ahead of Diwali 2026
Nuvama recommends investing in Eicher Motors, Hyundai, and Tata Motors' passenger vehicle segment ahead of Diwali 2026. However, it expects growth to slow in the second half of FY27. Early festive season vehicle registrations show mixed trends: commercial vehicles and two-wheelers registrations have increased, while passenger vehicle registrations have declined.
Mint Markets·

