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News 2026-10-08 10:21 UTC

Nomura expects Ather, TVS, Eicher to beat 2Q estimates

Nomura reiterated Mahindra & Mahindra and kept Ather as top picks for passenger vehicles and two-wheelers, respectively, and said it expects Ather, TVS Motor and Eicher Motors to potentially beat 2QFY27 estimates. It also said TMPV and Ashok Leyland could miss estimates and flagged auto-ancillary names such as Sona Com