The table below shows the Automobile Stocks Below 500 based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price |
Ashok Leyland Ltd | 59122.95 | 198.3 |
Apollo Tyres Ltd | 32602.91 | 480.75 |
Wardwizard Innovations & Mobility Ltd | 1535.49 | 56.46 |
Mercury Ev-Tech Ltd | 1365.93 | 75.24 |
Jay Bharat Maruti Ltd | 1262.74 | 111.1 |
Urja Global Ltd | 1150.74 | 21.0 |
Hindustan Motors Ltd | 794.99 | 44.2 |
Competent Automobiles Company Ltd | 370.05 | 576.0 |
Content:
- What are Automobile Stocks?
- Best Automobile Stocks In India Below 500
- Top Automobile Stocks Below 500
- Best Automobile Stocks Below 500
- Top Automobile Stocks In India Below 500
- Who Should Invest In Automobile Stocks Below 500?
- How To Invest In The Automobile Stocks Below 500?
- Performance Metrics Of Automobile Stocks Below 500
- Benefits Of Investing In Automobile Stocks Below 500
- Challenges Of Investing In Automobile Stocks Below 500
- Introduction to Automobile Stocks below 500
- Best Automobile Stocks Below 500 – FAQs
What are Automobile Stocks?
Automobile stocks refer to shares of companies involved in the manufacturing, distribution, and sale of vehicles, including cars, trucks, motorcycles, and other forms of transportation. These stocks are influenced by factors such as consumer demand, economic conditions, technological advancements, and regulatory changes within the automotive industry.
Best Automobile Stocks In India Below 500
The table below shows the Best Automobile Stocks In India Below 500 based on 1 Year Return.
Name | Close Price | 1Y Return % |
Mercury Ev-Tech Ltd | 75.24 | 295.22 |
Hindustan Motors Ltd | 44.2 | 201.71 |
Urja Global Ltd | 21.0 | 169.23 |
Competent Automobiles Company Ltd | 576.0 | 163.49 |
Jay Bharat Maruti Ltd | 111.1 | 66.57 |
Ashok Leyland Ltd | 198.3 | 33.22 |
Apollo Tyres Ltd | 480.75 | 30.43 |
Wardwizard Innovations & Mobility Ltd | 56.46 | 13.99 |
Top Automobile Stocks Below 500
The table below shows the Top Automobile Stocks Below 500 based on the highest day Volume.
Name | Close Price | Daily Volume (Shares) |
Ashok Leyland Ltd | 198.3 | 12391915.0 |
Hindustan Motors Ltd | 44.2 | 4149073.0 |
Urja Global Ltd | 21.0 | 1360909.0 |
Apollo Tyres Ltd | 480.75 | 1246498.0 |
Wardwizard Innovations & Mobility Ltd | 56.46 | 848743.0 |
Mercury Ev-Tech Ltd | 75.24 | 153236.0 |
Jay Bharat Maruti Ltd | 111.1 | 104676.0 |
Competent Automobiles Company Ltd | 576.0 | 7977.0 |
Best Automobile Stocks Below 500
The table below shows the Best Automobile Stocks Below 500 based on the PE Ratio.
Name | Close Price | PE Ratio |
Ashok Leyland Ltd | 198.3 | 22.44 |
Jay Bharat Maruti Ltd | 111.1 | 35.14 |
Hindustan Motors Ltd | 44.2 | 101.49 |
Wardwizard Innovations & Mobility Ltd | 56.46 | 104.56 |
Urja Global Ltd | 21.0 | 445.71 |
Mercury Ev-Tech Ltd | 75.24 | 537.43 |
Top Automobile Stocks In India Below 500
The table below shows the Top Automobile Stocks In India Below 500 based on the 6-month return.
Name | Close Price | 6M Return % |
Hindustan Motors Ltd | 44.2 | 159.24 |
Urja Global Ltd | 21.0 | 90.91 |
Competent Automobiles Company Ltd | 576.0 | 57.72 |
Mercury Ev-Tech Ltd | 75.24 | 27.87 |
Apollo Tyres Ltd | 480.75 | 14.82 |
Ashok Leyland Ltd | 198.3 | 14.1 |
Wardwizard Innovations & Mobility Ltd | 56.46 | 11.27 |
Jay Bharat Maruti Ltd | 111.1 | 5.51 |
Who Should Invest In Automobile Stocks Below 500?
Investors interested in automobile stocks priced below 500 may include individuals seeking growth opportunities in the automotive sector with a limited investment budget. These stocks may appeal to those who believe in the long-term potential of specific companies or segments within the industry and are willing to accept higher volatility associated with lower-priced stocks in exchange for potential returns.
How To Invest In The Automobile Stocks Below 500?
Investing in automobile stocks priced below 500 can be done through online brokerage platforms or traditional stockbrokers. Conduct research to identify promising companies within the sector, considering factors such as financial performance, market trends, and growth prospects. Once identified, place buy orders for desired stocks through your chosen brokerage platform, specifying the desired quantity and price. Monitor your investments regularly and adjust your portfolio as needed.
Performance Metrics Of Automobile Stocks Below 500
Performance Metrics Of Automobile Stocks Below 500 Rs encompass Dividend Yield, which reflects the proportion of dividends distributed relative to the stock price. This metric provides insight into the dividend payout efficiency of the stocks within this price range.
- Revenue Growth: Indicates the company’s ability to increase sales over time.
- Earnings Per Share (EPS): Reflects profitability on a per-share basis.
- Price-to-Earnings (P/E) Ratio: Measures the stock’s valuation relative to its earnings.
- Return on Equity (ROE): Shows how effectively the company is using shareholders’ equity to generate profits.
- Debt-to-Equity Ratio: Indicates the level of financial leverage and risk.
- Market Share: Reflects the company’s position relative to competitors.
- Operating Margin: Measures operating efficiency and profitability.
These metrics provide insights into the financial health, growth potential, and valuation of automobile stocks priced below 500 Rs. Investors should analyze these metrics alongside other factors before making investment decisions.
Benefits Of Investing In Automobile Stocks Below 500
The benefits of investing in automobile stocks below Rs 500 include the potential for speculative opportunities, as these lower-priced stocks may appeal to investors interested in high-risk, high-reward prospects, thereby providing opportunities for speculative investment within the automotive sector.
- Affordability: Lower-priced stocks allow investors to enter the market with smaller initial investments.
- Potential for High Returns: Lower-priced stocks have the potential for higher percentage gains, offering the opportunity for significant returns on investment.
- Diversification: Investing in multiple lower-priced automobile stocks can diversify a portfolio, spreading risk across different companies within the sector.
- Growth Potential: Some smaller companies with lower-priced stocks may have significant growth potential, providing opportunities for capital appreciation.
- Volatility: While higher volatility can pose risks, it also offers opportunities for short-term traders to profit from price fluctuations.
- Accessibility: Lower-priced stocks are often more accessible to retail investors, allowing them to participate in the growth of the automotive industry.
Challenges Of Investing In Automobile Stocks Below 500
Challenges Of Investing In Automobile Stocks Below 500 Rs include the potential for limited growth, as certain lower-priced stocks in this sector may encounter obstacles or have limited prospects for substantial expansion, thereby restricting their potential for long-term gains.
- Higher Risk: Lower-priced stocks are often associated with higher volatility and risk due to factors such as lower liquidity and smaller market capitalization.
- Limited Information: Smaller companies with lower-priced stocks may have less publicly available information, making it difficult to conduct thorough research and analysis.
- Lack of Institutional Interest: Institutional investors may be less interested in lower-priced stocks, leading to less analyst coverage and institutional support.
- Susceptibility to Manipulation: Lower-priced stocks are more susceptible to price manipulation and speculative trading activities, leading to increased market manipulation risks.
- Financial Stability: Smaller companies may have weaker financial stability and are more vulnerable to economic downturns, industry-specific challenges, and competitive pressures.
- Higher Trading Costs: Lower-priced stocks may have higher trading costs relative to their price, including wider bid-ask spreads and higher brokerage fees.
Introduction to Automobile Stocks below 500
Hindustan Motors Ltd
The Market Cap of Hindustan Motors Ltd is Rs. 794.99 crore. The stock’s monthly return is 127.94%. Its one-year return is 201.71%. The stock is 9.95% away from its 52-week high.
Hindustan Motors Limited, an India-based company, specializes in producing and selling vehicles, vehicle spare parts, steel products, and components. Additionally, they trade spare parts for vehicles and primarily focus on the automobile segment.
The company has authorized Celex Technologies Pvt Ltd to manufacture and install high-security registration plates (HSRP) for all their registered vehicles. Their automobile division in Uttarpara, West Bengal manufactures the Ambassador and light commercial vehicle Winner, while the Pithampur facility in Madhya Pradesh produces various variants of the Winner, including 1800 cc CNG models.
Ashok Leyland Ltd
The Market Cap of Ashok Leyland Ltd is Rs. 59,122.95 crores. The stock’s monthly return is 10.13%. Its one-year return is 33.22%. The stock is 3.43% away from its 52-week high.
Ashok Leyland Limited is an Indian company involved in automobile manufacturing. The company’s core operations include manufacturing and selling various commercial vehicles, providing vehicle and housing finance, offering IT services, and producing engines for industrial and marine purposes, as well as forging and castings. The company is divided into segments such as Commercial Vehicles and Financial Services. Its truck lineup comprises haulage, ICV, tippers, and tractors, while its bus range includes city, intercity, school, college, staff, stage carrier, and tourist buses.
Additionally, the company offers light commercial vehicles, small commercial vehicles, goods carriers, and passenger vehicles. Ashok Leyland also provides power solutions like agricultural engines, diesel generators, industrial engines, marine engines, and gas gensets. Their defense products encompass armored, high mobility, light tactical, logistics, simulator, and tracked vehicles.
Competent Automobiles Company Ltd
The Market Cap of Competent Automobiles Company Ltd is Rs. 370.05 crores. The stock’s monthly return is 18.92%. Its one-year return is 163.49%. The stock is 9.03% away from its 52-week high.
Competent Automobiles Company Limited, headquartered in India, specializes in the trading and servicing of Maruti and Nexa dealerships. The company operates primarily in Delhi, Haryana, and Himachal Pradesh, offering brands such as Maruti Suzuki Arena and Nexa. Its operations are divided into two segments: Showroom and Services & Spares.
The Showroom segment focuses on the purchase and sales of vehicles manufactured by Maruti Suzuki India Limited, while the Service and Spares segment handles the servicing of Maruti vehicles and the sale of their spare parts. With over 28 showrooms and approximately 15 workshops in Delhi, Haryana, and Himachal Pradesh, the company provides a range of car models, including Maruti Suzuki Alto 800, Maruti Suzuki Alto K10, Maruti Suzuki Omni, Maruti Suzuki Gypsy, Maruti Suzuki WagonR, Maruti Suzuki Eeco, Maruti Suzuki Celerio, Maruti Suzuki Stingray, Maruti Suzuki Ritz, Maruti Suzuki Swift, Maruti Suzuki Dzire, Maruti Suzuki Ertiga, Maruti Suzuki Ciaz, among others.
Apollo Tyres Ltd
The Market Cap of Apollo Tyres Ltd is Rs. 32,602.91 crores. The stock’s monthly return is 1.33%. Its one-year return is 30.43%. The stock is 16.05% away from its 52-week high.
Apollo Tyres Limited produces and distributes automotive tires. The company has segments dedicated to tires, tubes, and flaps and operates geographically across Asia Pacific, the Middle East, Africa (APMEA), Europe, and other regions.
Apollo Tyres caters to distinct consumer groups through its Apollo and Vredestein brands. The Apollo brand serves various categories such as commercial vehicles, passenger vehicles, two-wheelers, farm, and industrial vehicles. Vredestein brand products encompass car tires, agricultural and industrial tires, and bicycle tires. The company’s product range includes passenger cars, SUVs, MUVs, light trucks, trucks, buses, two-wheelers, agricultural and industrial vehicles, specialty vehicles, bicycles, off-the-road tires, and retreading materials and tires.
Urja Global Ltd
The Market Cap of Urja Global Ltd is Rs. 1150.74 crore. The stock’s monthly return is -9.70%. Its one-year return is 169.23%. The stock is 98.33% away from its 52-week high.
Urja Global Limited is a company that focuses on renewable energy development and operation. They are involved in various aspects of solar power, including design, consultancy, integration, supply, installation, commissioning, and maintenance of both off-grid and grid-connected solar power plants, as well as decentralized solar applications and trading of solar products and lead acid batteries.
They offer a range of products such as E-Rickshaws, Batteries, Solar inverters, LED Lights, PV Modules, Water Heaters, Solar Lanterns, Power Packs, Home Lighting, and Solar Charge Controllers. Specific products within these categories include various models of E-Rickshaws, different types of batteries, sine wave inverters, a variety of LED lights, and different capacities of PV Modules.
Mercury Ev-Tech Ltd
The Market Cap of Mercury Ev-Tech Ltd is Rs. 1365.93 crore. The stock’s monthly return is -16.27%. Its one-year return is 295.22%. The stock is 91.12% away from its 52-week high.
Mercury Ev-Tech Limited, an India-based company, specializes in the production of a variety of electric vehicles such as scooters, cars, buses, vintage cars, and golf carts. The company also designs customized electric vehicles for various uses in industries like hospitality, recreational facilities, and resorts. Its business units consist of Metal and Shares.
With its own manufacturing facility, Mercury Ev-Tech Limited produces essential components such as batteries, chassis, motor controllers, brake shoes, and CED paint, and operates an assembly line. Its two-wheeled vehicles are marketed under the Thunderbolt brand, while its three-wheeled vehicles are known as Thunderbolt DODO and Thunderbolt LIMOSA. The company’s subsidiaries include EV Nest Private Limited and Powermets Energy Private Limited.
Jay Bharat Maruti Ltd
The Market Cap of Jay Bharat Maruti Ltd is Rs. 1,262.74 crore. The stock’s monthly return is -11.28%. Its one-year return is 66.57%. The stock is 29.61% away from its 52-week high.
Jay Bharat Maruti Limited is an Indian company specializing in the production of sheet metal components, rear axles, muffler assemblies, fuel necks, and tools and dies for motor vehicles, along with components and spare parts.
The company manufactures various auto components and assemblies for passenger cars, such as Body-in-White (BIW) parts, exhaust systems, fuel fillers (fuel pipes), and suspension parts. Its manufacturing plants are situated at various locations including Gurgaon and Manesar in Haryana, as well as in Vithlapur, Gujarat. The company’s operational facilities encompass stamping, welding, fuel filler manufacturing, die manufacturing, painting, and plating.
Wardwizard Innovations & Mobility Ltd
The Market Cap of Wardwizard Innovations & Mobility Ltd is Rs. 1535.49 crore. The stock’s monthly return is -14.63%. Its one-year return is 13.99%. The stock is 53.21% away from its 52-week high.
Wardwizard Innovations & Mobility Limited is an Indian company that specializes in auto manufacturing. The company operates across three segments: Joy E-Bike, Vyom Innovations, and the Sale of Services. It is involved in producing motorcycles, scooters, mopeds, and their engines.
Additionally, the company trades in home appliances, white goods, and digital business support services. Under the VYOM brand, Wardwizard offers a variety of electronic appliances, including air conditioners, refrigerators, LED TVs, portable air conditioners, air purifiers, alkaline water purifiers, and hydrogen water bottles. The company’s electric vehicle range includes models such as Joy E-Bike Skyline, Joy E-Bike Hurricane, Joy E-Bike E-Monster, Joy E-Bike Thunderbolt, Joy E-Bike Glob, Joy E-Bike Monster, Joy E-Bike Wolf, Joy E-Bike Beast, and the Gen Next Nanu E-scooter.
Best Automobile Stocks Below 500 – FAQs
Best Automobile Stocks Below 500 Rs #1: Ashok Leyland Ltd
Best Automobile Stocks Below 500 Rs #2: Apollo Tyres Ltd
Best Automobile Stocks Below 500 Rs #3: Wardwizard Innovations & Mobility Ltd
The Best Automobile Stocks Below 500 Rs in India are based on market capitalization.
The Top Automobile Stocks Below 500 Rs based on 1-year returns are Mercury Ev-Tech Ltd, Hindustan Motors Ltd, and Urja Global Ltd.
Yes, you can invest in automobile stocks priced below 500. These stocks offer opportunities for investors seeking affordability and the potential for higher returns. However, it’s crucial to conduct thorough research, assess risks, and consider your investment goals and risk tolerance before making any investment decisions.
Investing in automobile stocks priced below 500 can offer potential opportunities for growth and diversification, especially for investors with a high-risk tolerance and a long-term investment horizon. However, it’s essential to carefully assess the individual stocks, industry trends, and overall market conditions before making investment decisions.
To invest in automobile stocks priced below 500, open a brokerage account with a reputable online brokerage platform or traditional stockbroker. Conduct thorough research to identify promising companies within the automotive sector. Once identified, place buy orders for desired stocks through your chosen brokerage platform, specifying the desired quantity and price. Monitor your investments regularly and adjust your portfolio as needed.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.