Auto stocks slide despite blockbuster April sales; TVS posts record FY profit
Nifty Auto fell over 1% on May 14 even as SIAM data showed April PV dispatches up 25.4% YoY to 4.37L units and 2W sales up 28.4% to 18.7L. TVS Motor logged record FY profit of ₹3,524 cr; Tata Motors Q4 profit jumped 69.6% to ₹2,406 cr on 22% revenue growth.
Nifty Auto fell over 1% on May 14, 2026 despite SIAM April data showing PV dispatches up 25.4%, 2W up 28.4%. TVS Motor posted record FY profit of ₹3,524 cr; Tata Motors Q4 profit jumped 69.56%.