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
UBS hosted executives from 10 midcap companies, including Astral, Bharat Forge, Kaynes Technology India, Quality Power, Angel One, Bandhan Bank, among others during Emerging India Mid-Cap Conference
On the positive side, the CV demand outlook from Volvo Group, Elara said, has been upgraded, with the company now expecting growth of 2.9 per cent in Europe and 2.7 per cent in the US in CY26
Bharat Forge hits record highs as recovery in global CV demand, rising shale drilling activity and strong defence orders power growth outlook
In the past one month, the Nifty India Defence index has rallied 11 per cent, as against 4 per cent fall in the Nifty 50.