The table below shows the long-term auto parts stocks based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price | 5Y CAGR % |
Samvardhana Motherson International Ltd | 138916.64 | 201.8 | 20.66 |
Bosch Ltd | 103445.99 | 34520.0 | 16.61 |
Schaeffler India Ltd | 71760.58 | 4499.45 | 36.59 |
UNO Minda Ltd | 66826.93 | 1129.05 | 51.03 |
Sona BLW Precision Forgings Ltd | 38524.59 | 674.85 | nan |
Endurance Technologies Ltd | 38362.98 | 2674.0 | 21.32 |
TVS Holdings Ltd | 31066.09 | 14084.65 | 49.28 |
ZF Commercial Vehicle Control Systems India Ltd | 29832.88 | 15728.35 | 20.69 |
Sundram Fasteners Ltd | 29577.67 | 1400.0 | 23.43 |
JBM Auto Ltd | 25418.4 | 2238.65 | 90.52 |
Content:
- What is Long Term Auto Parts Stock?
- Features Of Long Term Auto Parts Stocks
- Best Long Term Auto Parts Stocks
- Top Long Term Auto Parts Stocks
- Long Term Auto Parts Stocks List
- Factors To Consider When Investing In Long Term Auto Parts Stocks
- How To Invest In Long Term Auto Parts Stocks?
- Advantages Of Investing In Long Term Auto Parts Stocks?
- Risks Of Investing In Long Term Auto Parts Stocks?
- Introduction to Long Term Auto Parts Stocks
- Long Term Auto Parts Stocks – FAQs
What is Long Term Auto Parts Stock?
Long-term auto parts stock refers to shares in companies that manufacture and supply automotive components, held by investors for an extended period. The goal is to benefit from the consistent demand for vehicle parts, driven by ongoing maintenance needs and production, potentially leading to growth and value appreciation over time.
Features Of Long Term Auto Parts Stocks
The features of long-term auto parts stocks include several critical aspects that investors should consider when evaluating their potential. One key feature is their resilience to economic downturns, as the demand for auto parts tends to remain stable even during periods of economic uncertainty.
1. Consistent Demand: Auto parts are necessary for vehicle maintenance and repairs, ensuring steady demand regardless of economic conditions.
2. Diverse Product Range: Companies often offer a wide array of products, catering to different vehicle types and models, which helps in mitigating risks.
3. Technological Advancements: Embracing new technologies and innovations can lead to improved products and increased market share.
4. Strong Distribution Networks: Effective and widespread distribution channels ensure that products reach consumers efficiently, enhancing sales.
5. Strategic Partnerships: Collaborations with vehicle manufacturers and other key players in the automotive industry can lead to sustained growth and stability.
Best Long Term Auto Parts Stocks
The table below shows the best long-term auto parts stocks based on the highest day Volume.
Name | Close Price | Daily Volume (Shares) |
Samvardhana Motherson International Ltd | 201.8 | 11945590.0 |
Sona BLW Precision Forgings Ltd | 674.85 | 1504911.0 |
UNO Minda Ltd | 1129.05 | 1421343.0 |
JBM Auto Ltd | 2238.65 | 1260788.0 |
CIE Automotive India Ltd | 609.9 | 419393.0 |
Minda Corporation Ltd | 490.0 | 196472.0 |
Schaeffler India Ltd | 4499.45 | 192103.0 |
Endurance Technologies Ltd | 2674.0 | 188605.0 |
Varroc Engineering Ltd | 672.3 | 141328.0 |
Sundram Fasteners Ltd | 1400.0 | 108611.0 |
Top Long Term Auto Parts Stocks
The table below shows top long term auto parts stocks based on the PE Ratio.
Name | Close Price | PE Ratio |
TVS Holdings Ltd | 14084.65 | 14.8 |
Varroc Engineering Ltd | 672.3 | 28.85 |
CIE Automotive India Ltd | 609.9 | 41.06 |
Bosch Ltd | 34520.0 | 42.19 |
Asahi India Glass Ltd | 672.2 | 48.95 |
Samvardhana Motherson International Ltd | 201.8 | 50.08 |
Minda Corporation Ltd | 490.0 | 52.29 |
Sundram Fasteners Ltd | 1400.0 | 60.94 |
Endurance Technologies Ltd | 2674.0 | 64.2 |
Schaeffler India Ltd | 4499.45 | 73.2 |
Long Term Auto Parts Stocks List
The table below shows the long term auto parts stocks list based on 1 Year Return.
Name | Close Price | 1Y Return % |
TVS Holdings Ltd | 14084.65 | 261.21 |
Samvardhana Motherson International Ltd | 201.8 | 122.25 |
UNO Minda Ltd | 1129.05 | 96.08 |
Varroc Engineering Ltd | 672.3 | 92.36 |
Bosch Ltd | 34520.0 | 79.45 |
Minda Corporation Ltd | 490.0 | 68.18 |
JBM Auto Ltd | 2238.65 | 63.54 |
Endurance Technologies Ltd | 2674.0 | 60.61 |
Schaeffler India Ltd | 4499.45 | 50.79 |
ZF Commercial Vehicle Control Systems India Ltd | 15728.35 | 31.13 |
Factors To Consider When Investing In Long Term Auto Parts Stocks
The primary factor to consider when investing in long-term auto parts stocks is the overall health of the automotive industry. This encompasses trends in vehicle sales, advancements in automotive technology, and economic conditions affecting consumer spending on vehicles.
1. Company Financial Health: Assess the financial stability and profitability of the company.
2. Technological Innovation: Consider the company’s investment in new technologies and its ability to adapt to industry changes.
3. Supply Chain Management: Evaluate the efficiency and resilience of the company’s supply chain.
4. Market Position and Competition: Understand the company’s market share and its competitive advantages over rivals.
5. Regulatory Environment: Be aware of government regulations and policies impacting the automotive sector.
How To Invest In Long Term Auto Parts Stocks?
To invest in long-term auto parts stocks, research companies with strong financials, innovative products, and a solid market position. Evaluate industry trends and technological advancements. Diversify investments to mitigate risks. For assistance, consider opening an account with Alice Blue for professional guidance and support.
Advantages Of Investing In Long Term Auto Parts Stocks?
The main advantage of investing in long-term auto parts stocks is the potential for sustained growth due to the consistent demand for automotive maintenance and repair services, regardless of economic conditions.
1. Steady Demand: Auto parts are essential for vehicle maintenance, ensuring a continuous market.
2. Economic Resilience: Even in economic downturns, vehicles need repairs, providing stability to the industry.
3. Technological Advancements: Innovation in auto parts, such as electric vehicle components, offers growth opportunities.
4. Aftermarket Expansion: The aftermarket industry, which includes replacement parts and accessories, continues to grow, driving revenues.
5. Global Market Reach: Auto parts companies often have a global presence, diversifying revenue sources and reducing regional risks.
Risks Of Investing In Long Term Auto Parts Stocks?
The risk of investing in long-term auto parts stocks is substantial due to the volatility of the automotive industry, which can be influenced by factors such as economic downturns, shifts in consumer preferences, and technological advancements. This industry is particularly susceptible to changes that can significantly impact the performance of auto parts companies, making it a challenging environment for long-term investors.
1. Technological Disruption: Rapid advancements in automotive technology, such as electric vehicles and autonomous driving, can render existing auto parts obsolete.
2. Economic Cycles: The auto industry is highly cyclical, and economic downturns can lead to decreased vehicle sales and reduced demand for auto parts.
3. Regulatory Changes: Stringent environmental regulations and safety standards can increase costs for auto parts manufacturers, impacting profitability.
4. Competition: Intense competition within the auto parts industry can lead to price wars and squeezed profit margins.
5. Supply Chain Issues: Dependence on a global supply chain makes auto parts companies vulnerable to disruptions caused by geopolitical tensions, natural disasters, or pandemics.
Introduction to Long Term Auto Parts Stocks
Samvardhana Motherson International Ltd
The Market Cap of Samvardhana Motherson International Ltd is Rs. 138916.64 crore. The stock’s monthly return is 29.42%. Its one-year return is 122.25%. The stock is 3.51% away from its 52-week high.
Samvardhana Motherson International Limited is a globally diversified manufacturer. The Company is a full system solutions provider to customers in automotive and other industries. It has a diversified product portfolio, which includes electrical distribution systems, fully assembled vehicle interior and exterior modules, automotive rear vision systems, moulded plastic parts and assemblies, injection moulding tools, moulded and extruded rubber components, lighting systems, electronics, precision metals and modules, Industrial IT solutions and services and technologies, such as telematics and others.
Its segments include Wiring harnesses, Modules and polymer products, and Emerging businesses. Emerging businesses comprise elastomers, lighting & electronics, precision metals & modules, technology & industrial solutions, logistics solutions, aerospace, health & medical, and services operations of the Company. Its wholly owned subsidiary is Samvardhana Motherson Automotive Systems Group B.V.
Bosch Ltd
The Market Cap of Bosch Ltd is Rs. 103445.99 crore. The stock’s monthly return is 13.88%. Its one-year return is 79.45%. The stock is 6.25% away from its 52-week high.
Bosch Limited is an India-based supplier of technology and services in the areas of mobility solutions, industrial technology, consumer goods, and energy and building technology. The Company manufactures and trades in products such as diesel and gasoline fuel injection systems, automotive aftermarket products, industrial equipment, electrical power tools, security systems, and industrial and consumer energy products and solutions.
Its segments include Automotive Products, Consumer Goods, and Others. The Automotive Products segment consists of diesel systems, gasoline systems, and automotive aftermarket products and services. The Consumer Goods segment consists of trading activities in power tools and consumables. It also operates in other businesses consisting of industrial technology, building technology products and services.
Schaeffler India Ltd
The Market Cap of Schaeffler India Ltd is Rs. 71,760.58 crores. The stock’s monthly return is 9.04%. Its one-year return is 50.79%. The stock is 10.04% away from its 52-week high.
Schaeffler India Limited is an India-based automotive and industrial component supplier. The Company provides components and systems for engine, transmission, and chassis applications for hybrid, electric, and combustion-engine-powered vehicles.
The Company’s multiple segments include Automotive Technologies, Automotive Aftermarket, Industrial, and Exports & Others. The Automotive Technologies segment develops products using sustainable technologies for passenger and commercial vehicles, tractors, and off-highway segments. The Automotive Aftermarket provides data-driven services and plug-and-play solutions for transmission, engine, and chassis systems.
UNO Minda Ltd
The market cap of UNO Minda Ltd is Rs. 66,826.93 crore, with a monthly return of 19.47% and a one-year return of 96.08%. The stock is 6.93% away from its 52-week high.
Uno Minda Limited is an India-based global manufacturer and supplier of proprietary automotive solutions and systems to original equipment manufacturers as tier-1. The Company’s product divisions include switches, sensors, controllers, lighting, acoustic, alloy wheels, seating, aftermarket, casting, and ADAS. It caters to vehicle segments, such as four-wheeler, two-wheeler, three-wheeler, commercial vehicle, and off-road. Initia is the Company’s central mobility design studio with a focus on user-centric and feasible design.
The Company offers a range of services, which include transportation design, such as vehicle design, component design, and accessory design; digital sculptings, such as CAS modeling, parametric modeling, and digital visualization; UI/UX design, such as UX strategy, UX research, and digital ecosystem design; design strategies, such as product strategy, experience and strategy workshops, and prototyping, such as soft modeling, hard modeling, and digital prototyping.
Sona BLW Precision Forgings Ltd
The Market Cap of Sona BLW Precision Forgings Ltd is Rs. 38,524.59 crores. The stock’s monthly return is -1.51%. Its one-year return is 26.31%. The stock is 6.52% away from its 52-week high.
Sona BLW Precision Forgings Limited is an India-based company, which is engaged in the manufacturing of precision forged bevel gears and differential case assemblies for automotive and other applications. The Company is engaged in the production of differential assemblies, differential gears, conventional and micro-hybrid starter motors, belt starter generator (BSG) systems, electric vehicle (EV) traction motors, such as brushless direct current (BLDC) and permanent magnet synchronous motors (PMSM) and motor control units.
Its driveline technology products include precision forged gears and couplings, and e-drive, among others. Its products offer applications across various vehicle categories including electric vehicles, conventional passenger vehicles, commercial vehicles, off-highway vehicles, electric cars, electric light commercial vehicles, and electric two and three-wheelers. It operates approximately nine manufacturing facilities across India, the United States, Mexico, and China.
Endurance Technologies Ltd
The Market Cap of Endurance Technologies Ltd is Rs. 38,362.98 crore. The stock’s monthly return is 10.42%. Its one-year return is 60.61%. The stock is 14.48% away from its 52-week high.
Endurance Technologies Limited is an India-based global automotive components manufacturer. The Company has operations in India and Europe (Italy and Germany). In India, the Company predominantly caters to two and three-wheeler original equipment manufacturers (OEMs), and its products include aluminum castings, suspensions, transmission, braking, and battery management systems.
In Europe, it supplies aluminum castings to four-wheeler OEMs and also caters to the aftermarket for two-wheeler components. The Company provides end-to-end services by engaging its customers from conception to end-user delivery and also catering to the replacement market. It has approximately 31 manufacturing plants out of which 19 are located in India and 12 in overseas countries.
TVS Holdings Ltd
The Market Cap of TVS Holdings Ltd is Rs. 31,066.09 crores. The stock’s monthly return is 15.63%. Its one-year return is 261.21%. The stock is 3.70% away from its 52-week high.
TVS Holdings Limited, formerly Sundaram Clayton Limited, is an India-based auto components manufacturing and distribution company. The Company’s segments include Automotive components, Automotive Vehicles & Parts, Financial Services, and Others. It manufactures aluminum pressure die castings for heavy commercial vehicles, passenger cars, and two-wheelers.
Its product range includes flywheel housing, gear housing, clutch housing, filter heads, air connectors, lube oil cooler cover assembly, filtration module casting, turbocharger, compressor cover assembly, charge air pipe, intake manifold, cover coolant duct for the truck segment; cylinder head, case transaxle assembly, starter housing; crankcase, cylinder head, cylinder barrel, wheel hub for powered two-wheelers and brake equipment valve bodies. It is a supplier of aluminum die castings to the automotive, and non-automotive sectors.
ZF Commercial Vehicle Control Systems India Ltd
The Market Cap of ZF Commercial Vehicle Control Systems India Ltd is Rs. 29,832.88 crore. The stock’s monthly return is -8.59%. Its one-year return is 31.13%. The stock is 16.03% away from its 52-week high.
ZF Commercial Vehicle Control Systems India Limited is an India-based company that is primarily engaged in the manufacturing of air brake actuation systems for commercial vehicles. The Company is also engaged in rendering of software development and other services.
The Company offers advanced braking systems, conventional braking products, and related air-assisted technology and systems in India. The Company primarily operates in the automotive segment. The automotive segment includes all activities related to the development, design, and manufacture of products.
Sundram Fasteners Ltd
The Market Cap of Sundram Fasteners Ltd is Rs. 29577.67 crore. The stock’s monthly return is 11.49%. Its one-year return is 12.04%. The stock is 2.60% away from its 52-week high.
Sundram Fasteners Limited is an India-based company. The Company is engaged in the manufacture and sale of bolts and nuts, water and oil pumps, sintered products, cold extruded components, hot and warm forged parts, radiator caps, and other parts, which have applications primarily in the automobile industry.
The Company’s product range includes high-tensile fasteners, powder metallurgy, cold extruded parts, hot forged, powertrain components, pumps and assemblies, iron powder, and radiator caps. Its high tensile fasteners product range includes wind energy fasteners and automotive fasteners, among others. Its cold extrusion product range includes gear blanks, transmission shafts, starter sleeves and pinions, and fan hubs, among others.
JBM Auto Ltd
The Market Cap of JBM Auto Ltd is Rs. 25,418.40 crore. The stock’s monthly return is 5.48%. Its one-year return is 63.54%. The stock is 8.47% away from its 52-week high.
JBM Auto Limited is an India-based company, which is engaged in the automotive business. It manufactures and sells sheet metal components, tools, dies, moulds, and buses. It is also an original equipment manufacturer (OEM) as it is engaged in the production of passenger Buses.
It operates through three segments: Sheet Metal Components, Assemblies & Sub-assemblies (Component Division), Tool, Dies & Moulds (Tool Room Division), and OEM Division. The Component Division is engaged in the business of manufacturing automobile parts for commercial and passenger vehicles. The Tool Room Division is engaged in manufacturing dies for the sheet metal segment or sells dies.
Long Term Auto Parts Stocks – FAQs
Long-term auto parts stock refers to shares of companies that manufacture and supply automotive components, which are held by investors for an extended period, typically over several years, to gain from their growth and profitability.
The Best Long Term Auto Parts Stocks #1:Samvardhana Motherson International Ltd
The Best Long Term Auto Parts Stocks #2:Bosch Ltd
The Best Long Term Auto Parts Stocks #3:Schaeffler India Ltd
The Best Long Term Auto Parts Stocks #4:UNO Minda Ltd
The Best Long Term Auto Parts Stocks #5:Sona BLW Precision Forgings Ltd
The top 5 stocks are based on market capitalization.
The top long term auto parts stocks based on one-year returns are TVS Holdings Ltd, Samvardhana Motherson International Ltd, UNO Minda Ltd, Varroc Engineering Ltd, and Bosch Ltd.
Investing in long-term auto parts stocks can be beneficial due to the consistent demand for automotive parts, driven by vehicle maintenance and production. However, market volatility and technological advancements in the auto industry can pose risks.
To invest in long-term auto parts stocks, research companies in the sector, evaluate their financial health, and select promising stocks. Open an account with a reputable stock broker, use their platform to purchase shares, and monitor your investments regularly.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
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.