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
Unlike many other auto component makers in India, the Lumax Group is not focused on exports
Lumax Industries Share: This smallcap stock was trading higher for the sixth straight day, surging 18 per cent during the period.
Since the start of CY2025, policymakers have announced a slew of measures, including income tax cuts, repo rate cuts along with CRR cuts, and GST reforms to revive consumer demand