February 18, 2024

Best Auto Sector Stocks in India

Best Auto Sector Stocks in India 2024

The below table shows the best auto sector stocks in India based on the highest market capitalization.

Auto StocksMarket CapClose Price
Maruti Suzuki India Ltd3,57,802.7111,380.40
Tata Motors Ltd3,43,480.63938.6
Bajaj Auto Ltd2,35,748.568,325.05
Mahindra and Mahindra Ltd2,19,781.831,835.55
Tata Motors Ltd1,51,860.11620.65
Eicher Motors Ltd1,07,568.653,928.65
TVS Motor Company Ltd1,01,609.262,138.75
Hero MotoCorp Ltd97,847.704,894.30
Bosch Ltd83,552.6828,329.05
Samvardhana Motherson International Ltd77,285.09114.05

Humans have long sought a mode of transportation since their inception on this planet. If you go back in time, the evolution of vehicles has come a long way, and it continues to evolve every day. But one thing has stayed constant: the need for something to travel on.

Doesn’t this fact make the Automobile sector an excellent place to invest?? That’s obviously a topic of discussion, and we will come to do it some other time. Until then, let’s show you some of the top-performing auto sector stocks in India.

The topic is covered in different sections, and the automobile stocks in India are listed based on various fundamental analysis factors. Keep reading to know it all!!!


Automobile Stocks in India with 1Y Return

The list below shows the top auto stocks in India based on 1Y Return.

Auto StocksMarket CapClose Price1 Year Return
Remsons Industries Ltd609.54891.25290.98
JBM Auto Ltd23,929.082,023.65284.54
G. G. Automotive Gears Ltd90.27108.35248.87
Talbros Automotive Components Ltd1,758.33284.85198.52
Shriram Pistons & Rings Ltd7,579.211,720.60190.01
Banco Products (India) Ltd4,915.12687.25182.7
Tata Motors Ltd1,51,860.11620.65179.64
G G Engineering Ltd358.272.56178.03
Pritika Auto Industries Ltd752.1946.25176.95
Scooters India Ltd649.8374.46164.98

List of Auto Sector Stocks with 1M Return

Find out the best auto sector companies with 1M Return.

Auto StocksMarket CapClose Price1 Month Return
Triton Valves Ltd314.253,021.6072.08
Omax Autos Ltd253.02118.346.26
Majestic Auto Ltd414.96399.144.01
Pritika Auto Industries Ltd752.1946.2539.1
IFB Industries Ltd5,419.591,337.5537.19
Automotive Stampings and Assemblies Ltd936.79590.536.43
Kinetic Engineering Ltd423.84191.2535.95
SAR Auto Products Ltd1,039.122,180.8530.9
Dynamatic Technologies Ltd4,651.666,849.3026.65
Porwal Auto Components Ltd89.1859.0623.09

Also read this blog: Highest Dividend Paying Stocks in India. 

Auto Sector Companies – PE Ratio

Earnings per share is an important thing to note while investing in any stock; hence, this table solves the purpose for and brings you the list of auto sector stocks based on PE Ratio.

Auto StocksMarket CapClose PricePE Ratio
India Radiators Ltd0.465.14-0.6
Jullundur Motor Agency (Delhi) Ltd182.8482.956.88
Hira Automobiles Ltd6.5224.867.47
GNA Axles Ltd1,824.77422.7513.98
Munjal Showa Ltd546.13136.5514.14
HIM Teknoforge Ltd133.53168.0516.11
Menon Pistons Ltd404.5584.2417.05
Samkrg Pistons and Rings Ltd147.96153.0517.07
Talbros Engineering Ltd357.99713.517.16
Duncan Engineering Ltd148.96480.818.21

Top Auto Stocks in India with Largest Volume

For intraday traders, it’s crucial to consider the volume of shares; the below table shows the best auto sector stocks based on daily volume.

Auto StocksMarket CapClose PriceHighest Volume
Tata Motors Ltd3,43,480.63938.61,28,26,164.00
Ashok Leyland Ltd51,147.34174.21,08,27,587.00
Samvardhana Motherson International Ltd77,285.09114.051,04,67,958.00
Mahindra and Mahindra Ltd2,19,781.831,835.5571,88,957.00
G G Engineering Ltd358.272.5641,31,481.00
Jamna Auto Industries Ltd4,686.65117.532,58,801.00
Tata Motors Ltd1,51,860.11620.6525,18,812.00
TVS Motor Company Ltd1,01,609.262,138.7522,87,490.00
UNO Minda Ltd37,542.99654.9520,25,794.00
Minda Corporation Ltd9,554.83406.2514,22,358.00

Know What is Volume in the Stock Market. 

Looking for the Best Stocks in different sectors? Check out the following articles:

Best Banking Stocks in India
Best Blue Chip Stocks in India
Top 10 FMCG Companies in India
Top Pharma Companies in India
Best IT Sector Stocks
Agricultural Stocks in India
Best Renewable Energy Stocks in India
Best Insurance Stocks to buy in India 2024
Best Hotel Stocks in India
Fertilizer Stocks in India
Metal Stocks

Short Introduction To Top 3 Companies From Each Table Above

Automobile Stocks In India With 1Y Return

Remsons Industries Ltd

Remsons Industries Limited, based in India, manufactures automotive components for two, three, and four-wheelers, serving both domestic and global OEMs. Its product range includes cables, CBS, gear shift systems, winches, and more. With eight manufacturing plants in India, it exports to various countries worldwide.

JBM Auto Ltd

JBM Auto Limited, based in India, is a multifaceted automotive company involved in manufacturing and selling sheet metal components, tools, dies, molds, and passenger buses. They serve various vehicle types, offering comprehensive solutions in both manufacturing and the OEM sector.

G. G. Automotive Gears Ltd

G. G. Automotive Gears Limited, an Indian manufacturer, specializes in traction gears, pinions, railway, and industrial gears and gearboxes. Their products cater to various industries like cement, steel, mining, marine, power plants, textile, and more, offering diverse gear types and assemblies.

List Of Auto Sector Stocks With 1M Return

Triton Valves Ltd

Triton Valves Limited manufactures valves and cores for automobile tubes, catering to tire, tube, and original equipment manufacturers. Its product range includes various valves, tubeless valves, valve cores, and accessories for automotive, electric vehicles, and other industries.

Omax Autos Ltd

Omax Autos Limited, based in India, specializes in manufacturing sheet metal, tubular, and machine components for automotive and railway industries. With four plants in North India, its products include various components for commercial vehicles, passenger cars, and railways, serving Tata Motors among others.

Majestic Auto Ltd

Majestic Auto Limited, based in India, primarily offers facility management and rental services, covering space and infrastructure as well as people and organization aspects. Additionally, it provides office space leasing and manufactures electrical motor parts like die-cast rotors for various applications.

Auto Sector Companies – PE Ratio

India Radiators Ltd

India Radiators Limited, established in 1949, initially recorded profits until 1997 but faced losses from 1998 onwards. By 1999, it had a negative net worth, leading to its declaration as a sick company under the Sick Companies (Special Provisions) Act, 1985. The Board for Industrial and Financial Reconstruction (BIFR) considered a Draft Rehabilitation Scheme (DRS) filed under the Sick Industrial Companies Act, which remained pending until the Act’s repeal in 2016. 

Hira Automobiles Ltd

Hira Automobiles Ltd, founded in 1989 by Mrs. Rajinder Kaur Bhattal, is a reputable Maruti Suzuki dealer in South Punjab. With ISO certification, it operates across 9 towns, offering comprehensive Maruti solutions. Led by Mr. Rahulinder Singh Sidhu, it aims to excel in customer satisfaction and contribute to societal development.

Jullundur Motor Agency (Delhi) Ltd

Jullundur Motor Agency (Delhi) Limited is an Indian company specializing in distributing automotive spare parts and petroleum products across India. Their extensive network of branches and regional offices serves around 75,000 dealers, with several subsidiary companies, including JMA Marketing Limited, Jullundur Auto Sales Corporation Limited, and ACL Components Limited.

Top Auto Stocks In India With Largest Volume

Tata Motors Ltd

Tata Motors Limited is a global automobile manufacturer with a diverse portfolio of cars, trucks, buses, and defense vehicles. It comprises automotive and other segments, including Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. The company also provides IT services, machine tools, and factory automation solutions.

Ashok Leyland Ltd

Ashok Leyland Limited, an Indian automobile manufacturer, is involved in vehicle manufacturing, sales, finance, and IT services. They produce a wide range of commercial vehicles, engines for various applications, and defense vehicles, serving both domestic and international markets. Their segments encompass commercial vehicles and financial services.

Samvardhana Motherson International Ltd

Samvardhana Motherson International Limited is a global manufacturer providing comprehensive solutions to the automotive and other industries. Their product portfolio includes electrical systems, vehicle modules, vision systems, rubber components, electronics, and more.

Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:

Mid Cap Stocks
Shares Below 5
Nifty 50 Companies
Shares below 1
High Volume Stocks in India
Footwear Stocks
Monopoly Stocks
Chemical Stocks in India
Tobacco Stocks in India
EV Stocks in India
Logistic Stocks India
Jewelry Stocks
Best Cement Stocks
Railway Stocks
Liquor Stocks In India
Aviation Stocks in India
Coffee Stocks India

Disclaimer: The above article is written for educational purposes. The securities quoted are exemplary and are not recommendatory.

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