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M&M Q2 Results Impress; Motilal Oswal Raises Estimates On Improving Auto Margins

Motilal Oswal rate stocks including Motilal Oswal.

· NDTV Profit

M&M's Q2 standalone revenue grew 27% YoY to Rs 42,500 crore, broadly in line with brokerage'sestimates, driven primarily by a strong 15% growth in blended average selling prices and a 11% YoY growth in volumes.

Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.

  • Brokerage calls from Motilal Oswal, with ratings on the stocks named. The stocks: Motilal Oswal.
  • Over three months: Motilal Oswal +24.4% against Capital Markets +1.4% (23.0 points ahead).
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
Motilal OswalMOTILALOFS · Capital Markets₹1,101.00+0.6%+8.3%+24.4%+0.5%1.8×—

Capital Markets

1M +4.8% · 3M +1.4%

Motilal Oswal

Auto

1M +4.5% · 3M -5.8%

Prices as of 6 Nov 2026, 15:26 IST. Sector moves are the average of the stocks we track in each sector.

MOTILALOFSCapital MarketsAuto