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Thu, 03 Sept 2026
09:04:49 am
Thu, 03 Sept 2026
09:04:49 am
Synopsis
Auto stocks today remain mixed as SML Mahindra, Sharda Motor, Force Motors and Hyundai Motor India gain while Ather Energy, Bajaj Auto and TVS Motor trade lower.
Indian auto stocks traded mixed on Thursday, September 3, with SML Mahindra leading the gainers while Ather Energy came under selling pressure. The S&P BSE Auto index declined 0.17% to 61,700.73, even as the Sensex gained 0.08% and the Nifty 50 rose 0.05%.
Among the stocks in focus, Zelio E Mobility, Sharda Motor, Force Motors and Hyundai Motor India traded higher. Ather Energy, Ola Electric Mobility, Escorts Kubota, Bajaj Auto and TVS Motor Company moved lower during the session.
SML Mahindra shares were the biggest gainer among the auto stocks covered, rising 5.99% to ₹5,632 on the BSE by 11:14 am. On the NSE, the stock gained 6.07% to ₹5,641.50.
Zelio E Mobility rose 2% to ₹881.30 on the BSE. Sharda Motor Industries gained 1.20% to ₹886.45 on the BSE and 1.04% to ₹884.80 on the NSE.
Force Motors advanced 0.88% to ₹17,790 on the BSE and 1.10% to ₹17,793 on the NSE.
Hyundai Motor India gained 0.65% to ₹2,163.90 on the BSE and 0.41% to ₹2,163.20 on the NSE. Olectra Greentech also rose 0.44% on the BSE and 0.57% on the NSE.
VST Tillers Tractors and Landmark Cars also traded higher. Maruti Suzuki remained almost flat, gaining 0.03% on the BSE and 0.02% on the NSE.
Ather Energy was the biggest laggard among the auto stocks under review. The electric two wheeler maker fell 2.26% to ₹1,647 on the BSE and 2.32% to the same price on the NSE.
Ola Electric Mobility declined 1.64% to ₹38.34 on the BSE and 1.56% to ₹38.37 on the NSE. Escorts Kubota fell 1.44% to ₹2,975.80 on the BSE and 1.43% to ₹2,976.20 on the NSE.
Bajaj Auto declined 0.71% to ₹12,065 on the BSE and 0.46% to ₹12,074 on the NSE.
TVS Motor Company fell 0.71% to ₹4,170 on the BSE and 0.70% to ₹4,170.50 on the NSE. Ashok Leyland declined 0.69% on the BSE and 0.73% on the NSE.
Eicher Motors and Mahindra & Mahindra also traded lower, while Hero MotoCorp showed a mixed trend across the two exchanges.
| Auto stock | BSE price and change | NSE price and change |
|---|---|---|
| SML Mahindra | ₹5,632, ▲ 5.99% | ₹5,641.50, ▲ 6.07% |
| Zelio E Mobility | ₹881.30, ▲ 2.00% | Not listed |
| Sharda Motor | ₹886.45, ▲ 1.20% | ₹884.80, ▲ 1.04% |
| Force Motors | ₹17,790, ▲ 0.88% | ₹17,793, ▲ 1.10% |
| Hyundai Motor India | ₹2,163.90, ▲ 0.65% | ₹2,163.20, ▲ 0.41% |
| Olectra Greentech | ₹1,246, ▲ 0.44% | ₹1,245.90, ▲ 0.57% |
| Maruti Suzuki | ₹12,846, ▲ 0.03% | ₹12,851, ▲ 0.02% |
| Ashok Leyland | ₹166.65, 🔻 0.69% | ₹166.67, 🔻 0.73% |
| Bajaj Auto | ₹12,065, 🔻 0.71% | ₹12,074, 🔻 0.46% |
| TVS Motor Company | ₹4,170, 🔻 0.71% | ₹4,170.50, 🔻 0.70% |
| Escorts Kubota | ₹2,975.80, 🔻 1.44% | ₹2,976.20, 🔻 1.43% |
| Ola Electric Mobility | ₹38.34, 🔻 1.64% | ₹38.37, 🔻 1.56% |
| Ather Energy | ₹1,647, 🔻 |
SML Mahindra shares gained around 6% during the September 3 session, making it the biggest gainer among the auto stocks covered in the update.
SML Mahindra is worth watching after its sharp rise, but investors should also track trading volumes and the next company specific updates.
The latest update is that SML Mahindra shares rose sharply during Thursday trading while several other auto stocks moved in different directions.
Sharda Motor shares gained around 1.2% on the BSE during the session, putting the company among the auto stocks trading higher.
Sharda Motor is a stock to watch after its positive movement, particularly for investors tracking automobile ancillary companies.
Force Motors shares traded higher on September 3, with the stock gaining around 1% on the NSE during the reported session.
Force Motors shares were among the auto stocks trading higher as the broader automobile sector remained mixed.
Force Motors remains worth tracking because its shares were among the gainers while the wider auto index was slightly lower.
Hyundai Motor India shares gained during the session, with the stock trading around 0.4% higher on the NSE in the reported update.
Hyundai Motor India is worth watching as one of the large automobile companies that remained in positive territory during the session.
Ather Energy shares fell around 2.3% during the September 3 session, making it one of the notable losers among the auto stocks covered.
Ather Energy remains an important EV stock to watch despite the day's fall, particularly because the company has been growing its electric two wheeler sales.
The latest market update is that Ather Energy shares traded lower on September 3, while recent industry data continues to show strong growth in India's electric two wheeler market.
Ola Electric Mobility shares declined around 1.6% during the reported session, making the company one of the auto stocks trading lower.
Ola Electric remains an important EV stock to track, especially as investors compare its market position with Ather Energy, TVS Motor and Bajaj Auto.
Escorts Kubota shares fell around 1.4% during the September 3 session as automobile and tractor related stocks remained mixed.
Escorts Kubota is worth watching for investors following tractor, farm equipment and automobile related stocks.
Bajaj Auto shares declined around 0.7% during the reported session, placing the stock among the auto sector losers.
Bajaj Auto remains a widely tracked automobile stock, particularly as investors follow both its conventional vehicle business and electric two wheeler operations.
TVS Motor shares fell around 0.7% during the session despite the company's strong position in the electric two wheeler market.
TVS Motor remains a stock to watch because it has a strong presence in India's two wheeler and electric scooter market. Recent industry data also showed TVS Motor leading electric two wheeler sales during the year.
Ashok Leyland shares declined around 0.7% during the reported session as the auto sector traded on a mixed note.
Maruti Suzuki shares were almost flat during the reported session, with only a marginal gain on both the BSE and NSE.
Auto stocks are mixed because individual companies are seeing different price movements, with SML Mahindra and several other stocks gaining while Ather Energy, Ola Electric and Bajaj Auto declined.
No. The S&P BSE Auto index was down around 0.17% in the reported September 3 session even though several individual auto stocks gained.
SML Mahindra was the biggest gainer, followed by Zelio E Mobility, Sharda Motor, Force Motors and Hyundai Motor India among the stocks highlighted in the update.
Ather Energy, Ola Electric Mobility, Escorts Kubota, Bajaj Auto and TVS Motor were among the notable auto stocks trading lower.
EV stocks are mixed. Ather Energy and Ola Electric traded lower, while the broader electric two wheeler sector continues to see strong sales growth across companies such as TVS Motor and Bajaj Auto.
Both Ather Energy and Ola Electric traded lower in this particular session, so the day's share price movement does not show one company clearly outperforming the other.
TVS Motor and Bajaj Auto are among India's leading electric two wheeler manufacturers. Recent industry data showed the two companies among the largest sellers alongside Ather Energy and Hero MotoCorp's Vida.
Investors tracking SML Mahindra should watch whether the recent price strength continues and whether future company updates support the stock's movement.
Investors tracking Ather Energy should watch electric two wheeler sales, market share trends and the company's financial performance alongside daily share price movements.
TVS Motor investors can track two wheeler sales, electric scooter volumes and the company's financial results to assess the stock's broader performance.
Bajaj Auto investors can track vehicle sales, electric two wheeler performance and quarterly financial results along with the stock's market movement.
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