The country's largest two-wheeler maker, which had crossed the 100 million cumulative production mark in January this year, is now set for the next phase of its expansion and growth.
Jhunjunwala, who is reported to be the largest individual investor in the domestic markets, also said the level of taxation on the equity markets is "reasonable" given the socio-economic conditions in the country.
PowerGrid was the top laggard in the Sensex pack, shedding over 2 per cent, followed by Axis Bank, ICICI Bank, HDFC duo, Asian Paints and Bharti Airtel.