CLSA said auto stocks are fairly valued led by a sharp rally in the stock price. “Recovery in volume growth seen in the two-wheeler segment. Affordable Electric 2-W are likely to come as a drag in margins. Expect premium motorcycles to grow faster,” said the note.
JM Financial Q1 profit jumps 166% to Rs 454 crore
JM Financial on Monday reported a 166 per cent rise in consolidated net profit to Rs 454 crore for the June quarter of FY26.