Auto ancillary sector delivered 6 multibaggers in 6 months. Can you still catch them?

Axis Securities sees the auto ancillary sector at a pivotal moment, with strong long-term growth driven by exports, premium vehicles, and rural demand recovery. However, short-term challenges like high valuations and global uncertainties may cool the rally. Experts advise caution, highlighting export risks, but remain optimistic about localisation and the EV shift fueling future growth.