On the back of improving sentiments driven by easing out of semiconductor supply, gross margin improvement and successful new model launches, auto stocks have been on a high in the last few months. With a rally of around 65% each, TVS Motor and Tube Investments have been the top gainers in the Nifty Auto pack in the last 6 months. M&M is up 53% while Eicher Motors has rallied over 40%.
KEC International shares in focus after securing new orders worth Rs 1,267 crore
KEC International has secured new orders worth Rs 1,267 crore, boosting the company’s total year-to-date order intake to Rs 23,300 crore. The firm has won