According to analyst consensus data compiled by INDmoney, Mahindra & Mahindra Ltd leads with an estimated upside potential of 32.13%, followed by Hero MotoCorp Ltd with 19.34% upside potential. Maruti Suzuki India Ltd ranks third with 17.19% upside potential, while TVS Motor Company Ltd offers 11.92% upside based on current market prices. The top performers include Bajaj Auto Ltd (5.82% upside), Eicher Motors Ltd (5.74% upside), and Ashok Leyland Ltd (15.98% upside). As reported by ET Now, these large- and mid-cap auto stocks continue to enjoy strong analyst backing amid expectations of sustained demand and improving earnings.
The selected auto stocks show a wide range of current market prices and target prices according to the analyst data. Mahindra & Mahindra trades at ₹3,178.65 with a target price of ₹4,200, while Hero MotoCorp is priced at ₹4,911.25 and has a target of ₹5,861. Maruti Suzuki is currently at ₹13,808.20 with a target of ₹16,183, and TVS Motor trades at ₹3,618.65 with a target of ₹4,050. Bajaj Auto is priced at ₹10,437.45 with a target of ₹11,045, and Eicher Motors is at ₹7,565.60 with a target of ₹8,000.
According to the three-year return data compiled by INDmoney, TVS Motor Company Ltd has delivered the highest three-year return among the selected auto sector stocks at 171.21%. It is followed by Eicher Motors Ltd with 127.12%, Samvardhana Motherson International Ltd with 124.81%, Bajaj Auto Ltd with 116.50%, Bosch Ltd with 113.89%, Mahindra & Mahindra Ltd with 105.85%, Uno Minda Ltd with 102.33%, Ashok Leyland Ltd with 79.25%, Hero MotoCorp Ltd with 58.56%, and Maruti Suzuki India Ltd with 43.67% over the past three years.
As reported by ET Now, the selected auto stocks maintain a BUY rating across the board, with all companies showing positive analyst sentiment. The data indicates that automobile stocks have delivered a mixed performance in recent months, but several continue to enjoy strong analyst backing amid expectations of sustained demand and improving earnings. The consensus suggests that despite recent volatility, these large- and mid-cap auto stocks still offer upside potential based on their target prices and current market valuations.
