Looking to reduce long-term debt by another 25% to 30% by FY-26: Anuj Kathuria, JK Tyre
There would be, in case there are any major changes, which we do not anticipate as of now, we would have to again take pricing action. When it comes to the OE, most of the OEs, especially in the passenger car segment, we have indexation with the raw material.
52 smallcap stocks offer double-digit returns in record-breaking week for markets
Equity markets in India reached new records in the last week of June, ending the month with a 3.5% gain. The rally was supported by strong foreign institutional investor flow and positive sentiment from the advance of the southwest monsoon. Several smallcap and midcap stocks delivered double-digit returns, with JBM Auto and Tata Motors among the top gainers. Analysts expect the upward trend to continue, and investors will be watching for economic data releases and insights from the US Federal Reserve's FOMC minutes.