The Sensex surged by 750 points, with Nifty surpassing 23,800, as all sectors showed positive movement. A notable decline in production costs for new e-2-wheelers is contributing to a company's increasing market share in the EV sector, alongside growth in its domestic two-wheeler portfolio. Additionally, export markets are recovering, nearing pre-COVID monthly run rates, with a supportive valuation of 25x/22x FY26/27 EPS, reflecting a projected EPS CAGR of 15% over FY25-27.
