Rising input costs, export risks to the Middle East and fears of gas supply disruptions weigh on Indian auto stocks amid the escalating Iran conflict
Among others, Bharat Forge, TVS Motor, and Tata Motors Passenger Vehicles slipped over 3 per cent
OEMs expect strong demand momentum to sustain in Q4FY26, and into H1FY27, post the GST 2.0 reforms, analysts said
Segment has outperformed the Nifty Auto index so far this year
Q3FY26 company results: Firms including MRF, Sun TV Network, Procter & Gamble Health, BEML, Crompton and Kalyan Jewellers are also to release their October-December earnings today
The BSE 500 index hit a 52-week high at 37,771.93 on Friday, and stands 2.6 per cent away from it's all-time high of 38,740.08 touched on September 27, 2024.
Samvardhana Motherson, JBM Auto, Craftsman Automation, Lumax Auto, Jamna Auto, Sansera, SJS Ent and Rico Auto from the auto parts sector hit 52-week highs in trade on Friday.
Bosch Q2 expenses rose 8.9 per cent to ₹4,274 crore, led by a 10.6 per cent growth in cost of materials consumed