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NDR Auto Components Ltd. ( (IN:NDRAUTO) ) has provided an update.
NDR Auto Components Ltd. has reported a strong financial performance for Q2 and H1 FY26, with significant growth in income and profit margins. The company experienced a 14.35% increase in total income and a 24.29% rise in profit after tax for Q2 FY26 compared to the previous year. The easing of supply chain bottlenecks and a reduction in GST rates have contributed to a positive outlook for the remainder of the year. The company has observed a sustainable uptick in demand, driven by improving disposable incomes and consumer upgrades to higher-end vehicles, which bodes well for its market positioning.
More about NDR Auto Components Ltd.
NDR Auto Components Ltd. operates within the automotive industry, focusing on producing components for vehicles. The company is strategically positioned to cater to the demands of higher-end vehicle models, enhancing value and content for its automotive clients.
Average Trading Volume: 4,750
Technical Sentiment Signal: Buy
Current Market Cap: 20.14B INR
Find detailed analytics on NDRAUTO stock on TipRanks’ Stock Analysis page.