Systematix picks Eicher, TVS, Bajaj as festive demand cools

Systematix Group continues to favour Eicher Motors, TVS Motor and Bajaj Auto among India's two-wheeler manufacturers, according to recent sector analysis. The research firm's preference reflects confidence in these companies' market positioning and operational resilience as the automotive industry navigates softer consumer demand during the typically busy festive period.

In the passenger vehicle segment, Systematix has retained Hyundai Motor India as its preferred pick, citing the carmaker's strong product portfolio and market share gains. The firm's strategy suggests selective optimism within India's automotive space, even as overall festive sales momentum shows signs of moderation compared to prior year expectations.

For commercial vehicles, Tata Motors remains the research firm's favoured choice. The recommendation underscores confidence in the company's operational efficiency and market leadership in the commercial vehicle category, despite cyclical headwinds affecting the broader sector.

The research outlook reflects a selective approach to India's automotive sector, with Systematix identifying specific companies positioned to weather current market challenges through competitive advantages, strong brand equity and resilient business fundamentals.