ResultsBusiness Standard
Auto ancillary shares zoom up to 17% on earnings
Positive+98Company event
GreyOak summary
Shares of Sharda Motor, Fiem, and Automotive Axles rallied up to 17% on the BSE following strong Q2FY27 earnings. Automotive Axles reported a 67% PAT jump, while Fiem and Sharda Motor saw PAT growth of 31% and 15% respectively. The rally occurred despite a 0.7% Sensex decline, driven by robust operating income and improved margins.
What it affects
- Sharda Motor IndustriesSHARDAMOTRPositive +98
Stock rose 14% on 22% EBITDA growth.Rolling sentiment Positive +62
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