Sector: Auto

Maruti posted healthy price action and announced Diwali discounts on small cars — promotional activity and seasonal demand noted. Beginner takeaways: • Cyclicality: Auto sales are seasonal and cyclical — festive discounts may boost volumes but compress margins. • What to check: Volume growth, realizations, and new model pipeline (EV readiness). • Action: Use industry cycles to buy during low sentiment; watch raw-material costs and inventory levels.