New Delhi, Aug. 29 -- Uno Minda Ltd shares hit a new 52-week high of Rs.1,301 on Thursday. The stock has surged 23% so far this calendar year, outperforming Nifty Auto's 10% return as investors have rewarded the company for growing faster than the industry it serves.

Two-wheeler and passenger car manufacturers account for 46% and 47% of the total revenue for the automotive systems and components manufacturer. In the June quarter (Q1FY26) Uno Minda's revenue grew 16% year-on-year to Rs.4,420 crore, adjusted for one-off item of prior period incentives received from states with manufacturing plants. This is impressive, considering two-wheeler sales volume (including exports) grew just 9% year-on-year and passenger cars volume (including exp...