Auto Stocks Report - Market Performance Analysis: PART 1

Overview The Indian auto sector has experienced a decline in stock prices over the past two weeks, with leading stocks like Tata Motors and Mahindra & Mahindra (M&M) showing notable corrections. This report analyzes their recent performance, incorporating key financial metrics, market sentiments, industry trends. 1. Performance of Key Auto Stocks (Last Two Weeks) Mahindra & Mahindra

: Down 10% Tata Motors : Down 13.78% 2. Key Financial Metrics A. Mahindra & Mahindra (M&M): Market Capitalization: ₹3,24,878 Crore Book Value per Share: ₹567.46 Earnings Per Share (EPS): ₹99.62 Price-to-Earnings (P/E) Ratio: 26.23 Price-to-Book (P/B) Ratio: 4.60 Dividend Yield: 0.78% Debt-to-Equity Ratio: 1.66 Return on Equity (ROE): 16.83% Industry P/E: 20.32 Face Value: ₹5 CMP: ₹2615.05 B. Tata Motors: Market Capitalization: ₹2,40,779 Crore Book Value per Share: ₹274.53 Earnings Per Share (EPS): ₹86.29 Price-to-Earnings (P/E) Ratio: 7.58 Price-to-Book (P/B) Ratio: 2.38 Dividend Yield: 0.96% Debt-to-Equity Ratio: 1.05 Return on Equity (ROE): 32.99% Industry P/E: 20.32 Face Value: ₹2 CMP: ₹620.10 3. Market Sentiments and Industry Trends Market Sentiments: The recent decline in auto stocks is attributed to global economic concerns, including rising interest rates and inflation fears, leading to cautious investor sentiment. Industry Trends: The auto industry is undergoing a significant transition towards electric vehicles (EVs). Both M&M and Tata Motors are investing heavily in EV technology to capture future market share. 4. Trading Information for Mahindra & Mahindra & Tata Motors A. Mahindra & Mahindra Support Level: 2460 (NEAREST SUPPORT), 1998.00 Resistance level: 3210 (ALL TIME HIGH) FIB retracement: 0.236(2543), 0.382(2110), 0.5(1760) B. Tata Motors Support Level: 615 (immediate support), 534 Resistance level:816, 1049 SUPPORT TREND LINE: upward trendline on the stock is creating immediate support, if broke prices can go up to 535.