Auto ancillary stocks have surged in FY26 on the back of strong November 2025 auto sales and a GST rate cut. Analysts see medium-term upside but advise selective investing as valuations turn rich
The management expects the company continue to benefit from its diversified product and customer mix and expects a strong second half driven by the festive season and pick-up in rural demand.
Shares of Fiem Industries hit a new high at Rs 2,024.95, and have rallied 22% in the past two days after the company reported 54% YoY jump in its consolidated net profit.
Thus far in 2022, key raw materials used in automobile manufacturing like steel, iron ore, aluminum, nickel, and rubber have dropped in the range of 16 per cent to 45 per cent.
The company said that it is the sole supplier of head lamps, tail lamps, indicators, rear fender assemblies and mirrors for Ola Electric's newly launched scooters S1 and S1 Pro
Oil Marketing Companies may be on investor radar today after Finance Minister Nirmala Sitharaman said on Monday that the Centre had little room to cut excise duty on petrol and diesel
