Jefferies on Auto Sector
A potential GST cut should provide a boost to auto demand, especially in 2Ws and small PVs
Raise FY26-28E 2W & PV industry volumes by 2-6%, driving 2-8% EPS upgrades for TVSL, HMCL, MSIL and HYUNDAI
Expect TVSL & MM to delive…
Stock Market Highlights 25th Aug 2025: Sensex tanks 706 points, Nifty falls to 24,500 as steep 50% US tariffs dent investor sentiment

