Will Q2 results bolster the outlook of D-Street’s best-performing sector?

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%.

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