$M&M

### Auto Stocks in Focus ** $M&M ** – Mahindra & Mahindra reported **record June sales of 1,06,207 vehicles**, up **37% YoY**. Domestic Utility Vehicle sales rose **28% YoY** to **60,393 units**, reflecting continued strong demand across its SUV portfolio. *(Strongly Positive)* ** $ESCORTS ** – Escorts Kubota reported **June sales of 13,695 units**, a **19.1% YoY** increase, driven by healthy demand in the tractor segment. *(Positive)* ** $OLAELEC ** – Ola Electric registered **43,719 vehicles in Q1 FY26**, nearly doubling from **22,252 units in Q4 FY25**. June registrations stood at **16,144 units**, marking the company's strongest monthly performance in recent quarters. *(Positive)* ** $VSTTILLERS ** – VST Tillers & Tractors reported **June sales of 8,107 units**, up **3% YoY**, indicating steady demand despite a challenging rural market. *(Mildly Positive)* ** $HYUNDAI ** – Hyundai Motor India reported **total sales of 51,335 units**, including **39,635 domestic sales** and **11,700 exports**. However, a **fire at a supplier's facility** impacted production by approximately **13,900 units**, which may weigh on near-term volumes despite resilient demand. *(Neutral to Mildly Negative)*