The stock market is currently experiencing a significant upswing, with positive movement seen in all sectors. This reflects a broader recovery in market sentiment and investor confidence.
In the electric vehicle (EV) sector, a company's increasing market share is being driven by a notable decline in production costs for new e-2-wheelers. The firm is leveraging multiple growth drivers, including an expanding domestic two-wheeler portfolio and a rebound in export markets.
Valuations remain robust, with a projected earnings per share (EPS) ratio of 25x/22x FY26/27 and an anticipated EPS compound annual growth rate (CAGR) of 15 percent over the fiscal years 2025 to 2027. This positive outlook indicates the potential for sustained growth in the EV market and the overall economy.