Key Highlights
- Jamna Auto Industries Limited declined 0.72% to ₹147.18 while trading near its 52-week high.
- Growth supported by commercial vehicle cycle recovery, strong OEM order flows, and replacement demand momentum.
- Q3 FY26 revenue exceeded ₹66,778.58 lakhs with steady EPS growth and manageable debt levels.
Jamna Auto Industries Limited (JAMNAAUTO) declined 0.72% to ₹147.18, slipping ₹1.07 in the session as on 27 Feb. 26, though it continues to trade near its 52-week high.
Reason for Rally
- Commercial vehicle cycle recovery
- Strong OEM order flows
- Replacement demand strength
Financial Overview
For Q3 FY26, the company reported revenue exceeding ₹66,778.58 lakhs. EPS growth remained steady, supported by improved commercial vehicle (CV) demand. Debt levels stayed manageable during the quarter, maintaining financial stability.
Technical Levels
The stock has immediate support at ₹135, which may act as a key downside level. Resistance is placed at ₹160. A sustained breakout above ₹160 could strengthen buying momentum and extend the rally in the near term.
Analyst View
Considered a strong play on commercial vehicle upcycle with improving margin outlook.
Risks
Key risks include a slowdown in commercial vehicle (CV) demand, which may impact sales volumes and revenue growth. Input cost pressures could also affect margins and reduce overall profitability if costs are not passed on effectively.
Conclusion
Jamna Auto remains a cyclical beneficiary of improving commercial vehicle demand.
Jamna Auto Industries slipped 0.72% to ₹147.18 but remains close to peak levels. The company benefits from commercial vehicle demand recovery, strong OEM orders, and replacement market strength. With stable Q3 FY26 revenue and controlled debt, it remains positioned as a cyclical play on India’s improving CV sector outlook.
FAQs
- Why did Jamna Auto stock decline?
The minor 0.72% dip appears to be short-term consolidation despite strong sector momentum. - What drives Jamna Auto’s growth?
Commercial vehicle cycle recovery, OEM demand, and steady replacement market sales support performance. - What are the key risks?
A slowdown in CV demand and rising input costs could pressure revenue growth and margins.