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%.
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.