Welspun Living shares surge 8%; stock gains 14% in 3 days. What’s driving the rally?

Welspun Living shares surged nearly 8% on Tuesday, extending gains to nearly 14% over three sessions after the company reported a strong Q1FY27 performance. Brokerages Motilal Oswal and JM Financial retained their Buy ratings, citing improving fundamentals, margin expansion and further earnings growth potential.