Auto demand in Q3FY24 remains strong with Nuvama Institutional Equities reporting a 17% YoY increase in brokerage coverage revenue and a 33% YoY increase in EBITDA. The brokerage has identified Ceat, Escorts Kubota, Tata Motors, Shriram Automall India Limited, Motherson Sumi Wiring India Ltd, and TVS Motor Co Ltd as firms with strong EBITDA growth. They also predict high single-digit growth.