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June auto sales data: Commercial vehicle turns consensus player; brokerages list stocks to buy
Indian automakers reported strong performance in June 2026, with healthy demand across passenger vehicles, two-wheelers, commercial vehicles and tractors. Brokerages including Motilal Oswal, Emkay and ICICI Securities highlighted broad-based growth, with several OEMs beating estimates. Maruti, M&M, TVS and Tata Motors stood out, while Hyundai underperformed in PVs. Analysts remain optimistic on the sector, favouring CVs and select two-wheeler players amid improving demand and pricing conditions.
Tata Motors CV posts strong June sales; EV volumes jump four-fold in Q1
Tata Motors reported a 35% year-on-year rise in June commercial vehicle sales, driven by strong domestic demand and an 83% jump in international business, while electric CV volumes continued to gain momentum.
Maruti Suzuki's June sales soar over 19% to 2 lakh units on strong PV demand
Maruti Suzuki India witnessed a significant 19.3% surge in total sales for June, reaching 2,00,390 units. This impressive growth was fueled by strong domestic demand across passenger vehicles and light commercial vehicles, alongside a healthy increase in exports. The company saw notable jumps in sales for its mini, compact, mid-size, and utility vehicle segments, indicating robust consumer interest.
ZF Commercial Vehicle slides as CFO resigns
ZF Commercial Vehicle Control Systems India fell 1.86% to Rs 2,514 after the company said its chief financial officer (CFO) & key managerial personnel (KMP), Sweta Agarwal, has resigned effective from the close of business hours on 30 June 2026.
Tata Motors CEO says India growth story will outweigh West Asia war impact on CV demand in long term
Tata Motors anticipates short-term headwinds for commercial vehicle demand due to West Asia war-induced diesel price hikes. However, MD & CEO Wagh remains optimistic, citing India's strong macro-economic growth as a long-term driver for increased road freight and commercial vehicle demand. He also highlighted government initiatives like electrification incentives as positive factors for the industry's future.
BofA Securities prefers this midcap IT stock but stays cautious on its peers
According to BofA, modernisation of legacy technology systems could become one of the earliest large-scale commercial applications of AI for IT services firms. The brokerage expects success in this segment to be driven by the effective deployment of AI-powered coding tools rather than traditional workforce management models.
ZF Commercial Vehicle Control System India allots 9.48 cr equity shares under bonus issue
With this allotment, the paid up equity share capital has increased to Rs. 56,90,27,520 divided into 11,38,05,504 equity shares of Rs. 5/- each.
ZF Commercial Vehicle Control Share Price Jumps 8% To Hit 52-Week High On 5:1 Bonus Issue
ZF Commercial Vehicle Control's stock price opened at Rs 2,814 against a previous close of Rs 16,086 and rose sharply by 8.17% to hit a fresh 52-week high mark of Rs 3,044 apiece on the NSE
Tata Motors CV bets on global expansion, EVs and digital businesses for next phase of growth
Tata Motors' commercial vehicle division is charting an ambitious growth path, prioritizing global expansion, electric vehicles, and digital services. The company aims to leverage the proposed Iveco acquisition for wider market access and product diversification.
JSW to flex its own tech for e-buses in fierce race for govt orders
JSW Group is developing its own electric bus platform, vehicle control unit and battery packs to gain a cost and technology edge in India's competitive e-bus market. The move supports aggressive government tender bids and marks a more self-reliant strategy than its passenger vehicle business.
Bharat Forge arm partners US military vehicle maker AM General to offer mobile artillery systems worldwide
Kalyani Strategic Systems Ltd (KSSL), the defence subsidiary of Bharat Forge Ltd, has signed a strategic partnership agreement with US-based military vehicle manufacturer AM General at the Eurosatory defence exposition in Paris.
Stocks to Watch today: RVNL, HFCL, Gujrat Gas, Hudco, Lupin, Hexware Tech
Stock to Watch today, June 18: ZF Commercial Vehicle Control Systems India, Lemon Tree Hotels, Anik Industries, and Balkrishna Industries are among the top stocks to remain in focus