Sunil Subramaniam expects the auto sector to face near-term margin pressure due to companies passing on price cuts to stimulate demand, despite robust sales volumes. However, he believes earnings per share could still hold up due to high operating leverage, with sales momentum likely to improve towards the end of the current quarter.

Sunil Subramaniam’s track record: 14 graded calls · 95% CI 12–55%

Nifty AutoNeutralCalled 09 Jan 2026Graded 19 Jul 2026
Verdict:MISS

Nifty Auto decreased from ₹28011.75 to ₹24238.85, a significant drop of 13.47%, which contradicts a neutral outlook.

Read the original articleSee Sunil Subramaniam’s full track record