India's stock benchmarks, Nifty 50 and BSE Sensex, surged to record highs on Thursday, marking their strongest rally in 14 months. The gains were driven by expectations of an earnings recovery, cooling valuations, and a resilient economy supported by steady fiscal and monetary policies.
The Nifty rose as much as 0.32% to an all-time high of 26,289.80 at the open, surpassing its previous peak of 26,277.35 touched in September 2024. Meanwhile, the Sensex gained 0.35%, trading just below record high levels.
Meanwhile, Azad India Mobility share price jumped by 2.41% on an intraday basis as the company reported strong Q2FY26 results with a sharp jump in profit. Details are as follows:
Azad India Mobility Ltd has announced its financial results for the quarter ended 30 September 2025, showcasing a significant rise in operational performance. The company reported consolidated revenues of ₹2001.96 Lakhs in Q2FY26, marking a 154% quarter-on-quarter increase from ₹788.69 Lakhs recorded in Q1FY26.
The company posted a Profit After Tax (PAT) of ₹23.04 Lakhs for Q2FY26, representing a sharp 240% QoQ growth. This strong bottom-line performance reflects improved scale, rising demand for electric mobility solutions, and better operational efficiencies.
For the half-year ended September 2025 (H1FY26), Azad India Mobility Ltd. recorded consolidated revenues of ₹2790.65 Lakhs, translating into a 4098% year-on-year increase. The PAT for the six-month period stood at ₹29.83 Lakhs, supported by higher order execution and expansion of its electric bus portfolio.
Azad India Mobility Ltd. (AIML) is recognized as a pioneer in India’s electric mobility revolution, backed by over 45 years of legacy in passenger bus manufacturing. The company has evolved into a major player in sustainable transportation, focusing on the development of advanced electric vehicles that address the growing need for efficient and clean mobility solutions.
AIML offers a wide range of fully electric buses tailored for different segments, including city buses, intercity coaches, and airport buses. These vehicles are engineered to deliver efficiency, safety, and enhanced passenger comfort, supporting both public and private mobility networks across India.
The company operates a world-class manufacturing facility located near Bengaluru, equipped with an annual production capacity of 500 electric buses. The strategic location and advanced manufacturing capabilities enable AIML to meet diverse mobility requirements and scale operations in line with rising market demand.
Azad India Mobility share price jumped by 2.41% on an intraday basis as the company posted a 240% net profit jump and a 154% revenue surge in Q2 FY26 results. As of 9:40 am, the stock price was trading at ₹153.90 per share, up by 1.68%.
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