Which auto stocks should you buy after August sales? Here are Nomura, other brokerages’ top picks

Indian automakers reported strong August sales across passenger vehicles, commercial vehicles and two-wheelers, while tractor growth moderated. Brokerages highlighted Mahindra & Mahindra, Tata Motors PV, TVS Motor and Bajaj Auto among the key outperformers, with Nomura and Motilal Oswal sharing their preferred auto picks.