Should you buy Maruti, Mahindra & Mahindra at current levels- What are the top auto picks ahead of Budget-

On July 10, Maruti Suzuki rallied 3.7% to hit a fresh 52-week high of Rs 13,300 from its previous close of Rs 12,827.70. In the last two days, the stock of India’s largest passenger vehicle manufacturer surged almost 10% and raised the investors’ health by more than 28.4% in the past six months. Meanwhile, Mahindra & Mahindra is one of the big losers on the index with a fall of 7.8% intraday.

Similarly, TVS Motors’ shares rose around 2% in the last two days and gave a return of over 20% in the past six months. 

But are these auto stocks value buys at current levels? Here are some of the top brokerages’ reports to help identify it: 

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