Smallcap auto stock skyrockets 44% in 2 days. Should you buy or sell?

Indian auto air conditioning manufacturer Subros rose 44% following Union Road Transport Minister Nitin Gadkari’s announcement truck drivers cabins must be fitted with air conditioning. In a speech at a trade show, the minister said he had signed a document stating all cabins for drivers must be air-conditioned, adding: “We must ensure that people who drive the trucks are comfortable.” Subros shares soared as much as 20% to INR521.4 ($7.91) in heavy trading in Mumbai on 19 April. Gadkari made the announcement at the Desh Chaalak auto industry event.

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