TVS Motor Company reported a 7% year-on-year rise in total sales for April 2026, reaching 4,73,970 units. Two-wheeler demand improved, led by a sharp increase in scooter sales. EV sales and three-wheeler sales also grew substantially, while international business added momentum—pointing to a strong month overall.
Maruti Suzuki, Bajaj Auto and other auto stocks jumped as strong April sales data boosted investor sentiment. The rally lifted the Nifty Auto index by more than 1%, with gains led by major automakers outperforming expectations. Traders are now watching whether the sales momentum can extend beyond April and sustain the current optimism.
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