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    ET Prime Special Series: Multibagger or IBC - Part 83: Under this auto ancillary’s hood, sales and profits tell different stories

    Some auto suppliers spend years trying to win a major customer. This business has been associated with one for four decades. That has helped build manufacturing scale, product capabilities, and a presence near auto plants. But it also creates an unusual equation for investors. Nearly 90% of the company's FY26 revenue is from sales to one related customer. Its portfolio spans parts that can survive the EV transition and others more closely tied to ICE vehicles. The story is about how durable customer access becomes durable returns.

    Gurugram bans coal, wood-fired tandoors at eateries under GRAP

    Under the revised guidelines of the Graded Response Action Plan (GRAP) issued by the Commission for Air Quality Management (CAQM), these establishments can now use only electric, gas-powered or other approved clean-fuel equipment. The order has come into immediate effect, an official said.

    Air quality deteriorates in north India post-Diwali; Delhi records highest AQI since 2021

    A significant increase in air pollution was observed across north India following the recent Diwali celebrations. The Air Quality Index (AQI) levels in Delhi, Haryana, Punjab, and western Uttar Pradesh surpassed 350, indicating poor air quality. Many cities reported severe pollution, with readings at 439 recorded at Delhi Technological University. Residents experienced health issues such as breathing difficulties and eye irritation after the celebrations.

    These large-, mid- and small-cap stocks have upside potential of up to 31% in 1 year, according to analysts

    In the last two years, the world has learnt that you can never quite predict what US President Trump will do next. Tomorrow, to pull attention one way or another, there could well be some more action against Iran, changing the mood again in a single afternoon. So, the improvement in sentiment is real, but it is also fragile.

    Time to pick the right business, hold it longer: 5 stocks from the auto ancillary space with upside potential of up to 20%

    In times of uncertainty in the market, investors should look for sectors where there is some underlying transformation taking place that is bigger, and will last longer, than the impact of any war or election results. One such is the auto ancillary sector.

    Forget short-term pressure; in the long term, the right business is what pays: 5 mid-cap stocks with an upside potential of up to 36%

    We have said this before, and we say it again: No one can predict when the market will bottom out. You can see the bottom only in hindsight, once it has been reached. So, don’t try to catch the bottom; try, instead, to own the right business.

    The Economic Times
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