Automotive Axles shares jump 15% on Q2 results

GreyOak summary

Automotive Axles shares rallied nearly 15% after reporting a 66.7% year-on-year increase in net profit to ₹60 crore for Q2 FY27. Revenue grew 43.5% to ₹663 crore, while EBITDA margins expanded to 12.6%. The company also appointed Raman K as its permanent CFO, replacing his interim role.