Foreign investors have ramped up their investments in the Indian auto sector, buoyed by strong earnings and improved cost management. In July, the sector’s weightage in FPI portfolios reached a peak of 8.10%. Projections estimate an earnings growth of 15-18% this fiscal year, enhancing the sector’s appeal amidst higher overall market valuations.
Honasa Consumer shares jump 7% as Q2 operating update points to strong growth
Honasa Consumer shares rallied after the company projected strong Q2 FY27 operating performance, with net sales growth expected in the early thirties, improving margins and