Asal mein, Commercial Vehicle (CV) segment ne sabse zyada contribute kiya. Is segment mein total sales 35% badhkar 71,127 units ho gayi, aur exports toh 53% growth dikha kar 23,879 units tak pahunch gaye. Ye indicators dikha rahe hain ki bahar ki markets mein demand badh rahi hai. Stock market ne bhi positive reaction diya, Feb 3, 2026 ko share 2.15% badhkar ₹9,701.00 par trade kar raha tha.
Two-Wheeler segment bhi peeche nahi raha. Domestic two-wheeler sales 25% badhkar 2,14,727 units hui aur exports bhi 22% upar 1,91,568 units pahunche. Total domestic sales 26% badhi, matlab company har front par achha perform kar rahi hai.
Competition ki baat karein toh, Hero MotoCorp ne bhi 26% growth dikhaya aur TVS Motor 29% upar raha. Ashok Leyland ki domestic CV sales 31% badhi. Overall auto sector ke liye yeh time achha lag raha hai, kyuki Budget 2026-27 mein infrastructure pe focus hai aur India ki economy bhi tezi se grow kar rahi hai.
Ab valuation ki baat karein toh, company ka P/E ratio 30-31.5 ke aas paas hai aur market cap ₹2.71 lakh crore hai. Analysts ka kehna hai ki exports aur EVs mein growth potential hai, isliye kuch log 'Buy' rating de rahe hain. Lekin kuch analysts domestic market share aur share ke high price ko lekar thoda cautious hain. Pichhle saal, January 2025 mein total sales sirf 7% badhi thi, jo is baar ki 25% growth se kaafi kam hai.