Passenger vehicle dispatches rise 10.6% in February to 4,17,705 units: SIAM
Analysis of this story by et_companies · 13 Mar 2026, 11:28 AM IST (about 2 months ago)
AI Analysis
The auto sector has seen recent corrections (Nifty Auto down over 2%), making current strong dispatch data a potential catalyst for recovery. This data provides a fundamental positive against recent market weakness.
Trading Insight
Look for long opportunities in auto stocks, particularly those with strong exposure to PV and 2W segments, with a stop-loss below recent support levels.
Quick check: M&M bearish bias (oversold), EICHERMOT bearish bias (-4.0% 1d).
Key Evidence
- •Domestic passenger vehicle dispatches rose 10.6% year-on-year to 4,17,705 units in February.
- •Two-wheeler sales jumped 35.2% to 18,71,406 units in February.
- •Three-wheeler dispatches increased 29% to 74,573 units in February.
- •The data is according to SIAM (Society of Indian Automobile Manufacturers).
- •Risk flag: Geopolitical risks (Mideast) could impact crude oil prices and input costs.
Affected Stocks
Sectors:Automobiles
Sources and updates
Original source: et_companies
Published: 13 Mar 2026, 11:28 AM IST
Last updated on Anadi News: 13 Mar 2026, 12:24 PM IST
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