Why did Mahandra and Mahandra out?

The shares of car specialization ended on September 4 after rationalizing commodity and services tax rates, which experts believe are positive for the sector. According to the new rates, taxes on small cars and bicycles up to 350 cc, and three wheels to 18 %, a decrease from 28 %. The commodity and services tax has also been reduced from 28 % to 18 % on buses, trucks and ambulances.

There is a unified rate of 18 % on all car parts. BSE AUTO index closed 0.69 % higher at 58129. On the other hand, the BSE Sensex Standard Index settled 0.19 % at 80,718.

While sharing his views on the new rate board and the automotive sector, Heet Chieda said the preferred institutional shares that rationalizing commodity and services tax rates is a great positive for the auto sector, along with the date of the implementation of September 22, 2025 – the first day of Navratri. This deals with concerns about delaying sales at the start of the holiday season.

Maahindra & Mahindra shares have advanced more than 5 % on Thursday. Eicher Motors and TVs Motor Company also gained 1.11 % and 0.98 %, respectively.

A martyr also added that the high commodity and services tax on large cars is generally positive at a rate of 40 % and the removal of CESS compensation (earlier the total tax, including CESS 43-50 %).

“The M&M is the main beneficiary with all the positive changes of the company (passenger vehicles, tractors, and commercial vehicles). The change in commodity and services tax rates in the small auto sector are also positive for Maruti Suzuki as well because the company is the largest small cars factory.”

He also added that the TVs, Bajaj Auto and Hero MotoCorp are to benefit from the GST reduction for 2WS. “TVS and Bajaj will also benefit from the low rate of 3W category. Eicher Motors will benefit from 350 CC change changes in a motorcycle (10 % of local sales) will be small. Reducing commodity and services tax for trucks and buses is positive for Ashok Leyland,” Christa. “

UNO Minda and Apollo tires have gained 0.14 % and 0.13 %, respectively. A martyr said that cars assistance is scheduled to benefit in general, as vehicle tax rates are likely to increase sales and production of vehicles. This growth will increase the demand for spare parts and automatic components, which positively affects the auxiliary companies throughout the industry.

According to car sector experts, total vehicles see a decent benefit from reducing commodity and services tax because most groups have witnessed a GST reduction except for motorbikes that exceed 350 cc, a small market in India.

“The tax of commodities and services cut on small cars under 1.2 liters is a game change-which raises real comfort for consumers and release demand for the collective clip. With the presence of the festive horse winds from Navratri to Diwali, cars were set at the level of beginners for a strong return. “