Indian Auto Parts makers are commencing a transformation journey into adjacent supply chains including semiconductor WFE, defense, data center power generation, EV parts and aerospace, say analysts.
The outlook remains positive, supported by expected growth in domestic vehicle production, continued expansion of the aftermarket, and sustained policy support for localisation, says Gabriel India.
Stocks to Watch today: BEL, IREDA, JSW Infra, Vodafone Idea, Vedanta Aluminium, Craftsman Automation, Delhivery, Bajaj Auto, Bandhan Bank and more will be in focus today.