Shares of automakers, including Maruti Suzuki, Bajaj Auto, and others, jumped up to 5% on Monday after the companies released sales data for the month of April, boosting investor sentiment. According to reports from The Economic Times, the gains pushed the Nifty Auto index over 1% higher to 26,193 today. As May begins, strong sales data by heavyweight automakers lifted market sentiment across the sector.
Maruti Suzuki shares jumped nearly 5% to ₹13,976 after India's largest automaker kicked off the new financial year 2027 with its record total sales of 2,39,646 units in April, representing a 33.29% year-on-year growth from 1,79,791 units in the same month last year. As reported by The Hindu, this marks a jump of more than 33% from the 1.8 lakh sales recorded in April last year. The company's domestic sales climbed to a record 1,91,122 units, compared with 1,42,053 units in April last year, surpassing the company's previous domestic sales peak of 1,82,165 units recorded in December 2025. According to PTI, Senior Executive Officer (Marketing & Sales) Partho Banerjee stated that 'We are starting this year with a big bang. Small cars have contributed significantly to this growth.' The company's mini cars like Alto and S-Presso climbed to 16,066 units, while compact cars including Baleno and Swift also saw increased numbers, as reported by Devdiscourse.
Bajaj Auto shares jumped nearly 3.92% to ₹10,386 apiece on Monday after the bike-maker saw its total sales jump 40% to nearly 5.14 lakh units in April this year from 3.66 lakh units in the year-ago period, led by an 83% YoY surge in exports. Domestic sales grew 13% YoY to 2.48 lakh units, while two-wheeler sales grew 38% YoY and commercial vehicle sales rose 54% YoY. The strong export performance was a key driver of the company's overall growth momentum.
Eicher Motors saw its share price rise around 3% to ₹7,310 after the sales of Royal Enfield grew 31% YoY to 1.13 lakh units in April. As reported by The Economic Times, domestic sales rose 37% to 1.04 lakh units, though exports were down 14% at 9,035 units compared to 10,557 units in April 2025. Mahindra & Mahindra reported a 14% YoY growth in total vehicle sales to 94,627 units in April, with domestic passenger vehicle sales rising 8% YoY to 56,331 units. The Thar-maker's shares jumped more than 2% to ₹3,172 apiece on NSE, according to The Economic Times.
Tata Motors Passenger Vehicles shares gained over 1% to trade at ₹345.90 apiece on NSE after reporting strong performance. According to The Economic Times, the company's domestic passenger vehicle sales stood at 59,000 units in April 2026, up 30.5% from 45,199 units in the year-ago period. The company also reported 31% year-on-year growth in total passenger vehicle sales to 59,701 units last month. TVS Motor and Hero MotoCorp shares were trading in the green with marginal gains, as reported by The Economic Times.
