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.
According to exchange data, a combined 60.9 million equity shares representing 16.43 per cent of total equity of Nazara Technologies changed hands on the NSE and BSE.