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The company is poised to outshine the industry, owing to its high-value and high-margin product portfolio in the segment

Aditya Sood of InCred Asset Management anticipates high market valuation with strong earnings growth in Nifty50 companies. India's stock market premium valuations are supported by superior ROE and high growth potential over the next decade. Sood says: "The market return is going to be a function of earnings growth rather than multiple expansion."

The PSU sector is still undervalued and might continue to perform better in the coming few months. The new high on the markets is not a surprise as risk reward is favouring the bullish traders.

India's per capita GDP growth to $5,000 will drive growth across sectors. Sunrise sectors like renewables and nuclear will grow rapidly. EVs, December quarter earnings, and PSU/PSE stocks are expected to generate wealth. Risk factors include geopolitical tensions and recession. Good buy-on-dips opportunities in the energy sector and sectors like banks, auto, cement, power, and pharma.

One of the key growth drivers for the company is the increasing demand for premium vehicles, including big cars, SUVs, and high-end bikes