The table below shows the Nifty Mobility Index based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price (rs) |
Maruti Suzuki India Ltd | 408737.49 | 12845.2 |
Mahindra and Mahindra Ltd | 309045.91 | 2928.6 |
Adani Ports and Special Economic Zone Ltd | 305897.28 | 1430.7 |
Bajaj Auto Ltd | 249815.63 | 9961.75 |
Indian Oil Corporation Ltd | 238366.50 | 170.36 |
InterGlobe Aviation Ltd | 164291.83 | 4270.4 |
Bharat Petroleum Corporation Ltd | 141890.82 | 626.65 |
GAIL (India) Ltd | 134427.50 | 221.83 |
Eicher Motors Ltd | 133650.87 | 4935.1 |
Adani Total Gas Ltd | 107753.89 | 946.5 |
Hero MotoCorp Ltd | 102330.74 | 5804.2 |
Bosch Ltd | 90958.83 | 32327.8 |
Indian Railway Catering And Tourism Corporation Ltd | 88724.00 | 1018.2 |
Hindustan Petroleum Corp Ltd | 77091.01 | 536.3 |
Bharat Forge Ltd | 73260.37 | 1717.3 |
Container Corporation of India Ltd | 67196.03 | 1139.85 |
Ashok Leyland Ltd | 61868.42 | 239.84 |
Balkrishna Industries Ltd | 58842.85 | 3240.6 |
MRF Ltd | 55575.75 | 125580.7 |
Indraprastha Gas Ltd | 32252.54 | 482.6 |
To know more about the Nifty Mobility Index, refer to: Nifty Mobility Index.
Table of contents
Nifty Mobility Meaning
The Nifty Mobility Index tracks the performance of major Indian companies engaged in the automotive and ancillary industries. It serves as a barometer for the economic and technological health of the mobility sector, capturing trends in automotive manufacturing, electric vehicle advancements, and transport solutions.
This index includes companies that are leaders in automotive innovation and development, reflecting broader economic shifts toward sustainable transport solutions. It provides investors with insights into the dynamic landscape of India’s mobility sector.
The index’s composition ensures a diverse mix of manufacturers, from traditional automakers to newer electric vehicle companies, offering a comprehensive view of the industry’s current state and future potential.
Features Of The Nifty Mobility Index
The main features of the Nifty Mobility Index include tracking the performance of companies in the mobility sector, including automobiles, auto components, and related services. It provides investors exposure to the growth and innovation in transportation and mobility technologies in India.
- Comprehensive Sector Coverage: The Nifty Mobility Index tracks companies involved in the mobility sector, encompassing automobiles, auto components, and related services. This broad coverage allows investors to gain exposure to the entire mobility ecosystem, reflecting the industry’s growth and technological advancements in transportation.
- Focus on Innovation: The index emphasizes innovation, highlighting companies that are pioneering advancements in mobility technologies. This includes electric vehicles, smart transportation systems, and sustainable mobility solutions, ensuring that investors are aligned with future-oriented businesses driving the sector’s evolution.
- Performance Benchmark: The Nifty Mobility Index serves as a performance benchmark for investors, providing a clear measure of how well the mobility sector is doing. This helps investors compare their investments against the broader market and make informed decisions based on the sector’s overall performance.
- Growth Potential: The index includes companies with significant growth potential, reflecting the dynamic and rapidly evolving nature of the mobility sector. Investors can benefit from the upward trajectory of companies that are expanding and innovating within this space, capturing opportunities for substantial returns.
- Diverse Investment Exposure: Investing in the Nifty Mobility Index offers diversification within the mobility sector, spreading risk across multiple companies. This reduces the impact of any single company’s performance on the overall investment, providing a balanced exposure to various aspects of mobility and transportation.
Nifty Mobility Index Stocks Weightage
The table below shows the Nifty Mobility Index Stocks based on the Highest Weights.
Company Name | Weight (%) |
Maruti Suzuki India Ltd. | 7.91 |
Zomato Ltd. | 7.9 |
Mahindra & Mahindra Ltd. | 7.85 |
Adani Ports and Special Economic Zone Ltd. | 7.24 |
Bajaj Auto Ltd. | 7.08 |
Tata Motors Ltd. | 7.01 |
Reliance Industries Ltd. | 5.36 |
Hero MotoCorp Ltd. | 4.84 |
InterGlobe Aviation Ltd. | 4.68 |
Eicher Motors Ltd. | 4.27 |
Nifty Mobility Stock List
The table below shows the Nifty Mobility Stock List based on the 1-year return.
Name | Close Price (rs) | 1Y Return (%) |
Mahindra and Mahindra Ltd | 2928.6 | 112.43 |
Bajaj Auto Ltd | 9961.75 | 110.60 |
Bharat Forge Ltd | 1717.3 | 107.40 |
GAIL (India) Ltd | 221.83 | 106.93 |
Hero MotoCorp Ltd | 5804.2 | 97.99 |
Hindustan Petroleum Corp Ltd | 536.3 | 94.38 |
Adani Ports and Special Economic Zone Ltd | 1430.7 | 93.51 |
Indian Oil Corporation Ltd | 170.36 | 82.89 |
InterGlobe Aviation Ltd | 4270.4 | 81.26 |
Container Corporation of India Ltd | 1139.85 | 72.10 |
Bosch Ltd | 32327.8 | 69.50 |
Bharat Petroleum Corporation Ltd | 626.65 | 67.76 |
Indian Railway Catering And Tourism Corporation Ltd | 1018.2 | 58.23 |
Ashok Leyland Ltd | 239.84 | 53.40 |
Adani Total Gas Ltd | 946.5 | 44.65 |
Balkrishna Industries Ltd | 3240.6 | 39.50 |
Eicher Motors Ltd | 4935.1 | 38.16 |
Maruti Suzuki India Ltd | 12845.2 | 34.75 |
MRF Ltd | 125580.7 | 25.44 |
Indraprastha Gas Ltd | 482.6 | 2.80 |
How To Buy the Nifty Mobility Index?
To invest in the Nifty Mobility Index, consider purchasing ETFs or mutual funds that specifically track this index. Start by setting up a brokerage account with a firm that offers these investment products.
Research various funds to understand their fee structures, past performance, and alignment with the Nifty Mobility Index. Choosing the right fund involves comparing these factors to ensure it meets your investment goals and risk tolerance.
Stay updated on market trends and adjust your investments as needed. Regularly reviewing the performance of the index and associated funds can help optimize your returns and manage risks effectively.
Advantages of the Nifty Mobility Index
The main advantages of investing in the Nifty Mobility Index include access to a high-growth sector and exposure to leading companies driving innovation in mobility. This index offers investors a chance to benefit from advancements in automotive technology, electric vehicles, and sustainable transportation solutions.
- Growth Exposure: Provides direct exposure to the fast-growing mobility sector in India, allowing investors to benefit from the industry’s rapid expansion and technological advancements.
- Leader Access: Includes market leaders pioneering significant technological innovations, offering a portfolio that is likely to benefit from the latest advancements in the mobility sector.
- Market Trends Insight: Offers insights into evolving market trends, particularly in sustainable transport, helping investors stay ahead of industry changes and adapt their strategies accordingly.
- Diversification Benefits: Enhances portfolio diversification with exposure to a vibrant industrial sector, reducing overall investment risk by spreading investments across various leading mobility companies.
- Future Potential: Captures companies with high potential for future growth due to evolving consumer preferences and regulatory changes, positioning investors to benefit from long-term sector developments.
Disadvantages of the Nifty Mobility Index
The main disadvantages of investing in the Nifty Mobility Index include sector concentration risk and exposure to market volatility specific to the automotive industry. This can lead to significant fluctuations in returns, making the investment highly sensitive to economic cycles, regulatory changes, and technological advancements affecting the automotive sector.
- Sector Concentration Risks: High exposure to the automotive sector increases vulnerability to industry-specific downturns, making the index sensitive to negative developments within the sector.
- Volatility Exposure: The mobility sector can be highly volatile, influenced by economic cycles, policy changes, and technological disruptions, which can lead to significant fluctuations in index performance.
- Regulatory Impact: Sensitive to regulatory changes affecting automotive standards and environmental laws, potentially impacting the profitability and operations of companies within the index.
- Market Dependency: Performance is heavily dependent on domestic and global automotive market conditions, making the index susceptible to global economic trends and shifts in consumer demand.
- Technological Obsolescence: Rapid technological changes could negatively impact companies lagging in innovation, posing a risk to investors if certain companies fail to keep up with industry advancements.
Introduction to Top Nifty Mobility
Mahindra and Mahindra Ltd
The Market Cap of Mahindra and Mahindra Ltd is ₹309,045.91 Crores. The stock has shown a monthly return of 30.59% and a one-year return of 112.43%. It is currently 0.59% away from its 52-week high.
Mahindra and Mahindra Limited is an India-based company engaged in offering farm equipment, utility vehicles, information technology, and financial services. Its segments include Automotive, Farm Equipment, Financial Services, and Industrial Businesses and Consumer Services. The Company provides a range of products and solutions, from SUVs, pickups, and commercial vehicles to electric vehicles, two-wheelers, and construction equipment.
Mahindra serves various industries including aerospace, agribusiness, automotive, clean energy, defense, farm equipment, hospitality, logistics, and real estate. It has a significant presence in both domestic and international markets, focusing on innovation and sustainability across all sectors.
Bajaj Auto Ltd
The Market Cap of Bajaj Auto Ltd is ₹249,815.63 Crores. The stock has shown a monthly return of 11.37% and a one-year return of 110.60%. It is currently 0.33% away from its 52-week high.
Bajaj Auto Limited is an India-based manufacturer of two-wheelers, three-wheelers, and quadricycles. The Company is engaged in the development, manufacturing, and distribution of motorcycles, commercial vehicles, electric two-wheelers, and parts. It operates through segments including Automotive, Investments, and Others.
Bajaj’s motorcycle range includes Boxer, CT, Platina, Discover, Pulsar, Avenger, KTM, Dominar, Husqvarna, and Chetak. It has manufacturing plants in Waluj, Chakan, and Pantnagar. The Company has subsidiaries like PT Bajaj Auto Indonesia and Bajaj Auto International Holdings BV, Netherlands.
Bharat Forge Ltd
The Market Cap of Bharat Forge Ltd is ₹73,260.37 Crores. The stock has shown a monthly return of 15.94% and a one-year return of 107.40%. It is currently 1.29% away from its 52-week high.
Bharat Forge Limited is a leading forging company in India. It caters to various industries, including automotive, power, oil and gas, construction, mining, locomotive, marine, and aerospace. The Company offers components and products like crankshafts, front axle beams, steering knuckles, connecting rods, and others.
Bharat Forge focuses on innovation and technology to enhance its product offerings. It has a significant global footprint with manufacturing facilities in India, Germany, and Sweden. The Company aims to provide high-quality products and services to its clients worldwide.
GAIL (India) Ltd
The Market Cap of GAIL (India) Ltd is ₹134,427.50 Crores. The stock has shown a monthly return of 12.97% and a one-year return of 106.93%. It is currently 5.13% away from its 52-week high.
GAIL (India) Limited is a natural gas processing and distribution company. Its segments include Transmission Services, Natural Gas Marketing, Petrochemicals, LPG, and Liquid Hydrocarbons. GAIL also engages in City Gas Distribution (CGD), GAIL Tel, exploration and production (E&P), and power generation.
The Company operates a vast network of natural gas pipelines and is expanding its presence in renewable energy sectors such as solar, wind, and biofuel. GAIL has subsidiaries including GAIL Global (Singapore) PTE Ltd and GAIL GAS Limited.
Hero MotoCorp Ltd
The Market Cap of Hero MotoCorp Ltd is ₹102,330.74 Crores. The stock has shown a monthly return of 18.39% and a one-year return of 97.99%. It is currently 1.04% away from its 52-week high.
Hero MotoCorp Limited is a leading motorcycle and scooter manufacturer in India. The Company offers a wide range of two-wheelers including motorcycles and scooters. It operates primarily in the automotive segment, which involves the development, design, manufacture, assembly, and sale of two-wheelers and related parts.
Hero MotoCorp’s product lineup includes models like Splendor, Passion, Glamour, Xtreme, and the Maestro scooter. The Company has a significant presence in both domestic and international markets, focusing on providing affordable and reliable transportation solutions.
Hindustan Petroleum Corp Ltd
The Market Cap of Hindustan Petroleum Corp Ltd is ₹77,091.01 Crores. The stock has shown a monthly return of 5.25% and a one-year return of 94.38%. It is currently 10.91% away from its 52-week high.
Hindustan Petroleum Corporation Limited (HPCL) is engaged in the refining, production, and distribution of petroleum products. HPCL operates refineries in Mumbai and Visakhapatnam and has a vast network of fuel stations across India. The Company also deals in lubricants, LPG, aviation fuel, and other petrochemical products.
HPCL is involved in various segments including refining, pipelines, marketing, and exploration and production of hydrocarbons. The Company focuses on expanding its market presence and enhancing its product offerings to meet the growing energy demands.
Adani Ports and Special Economic Zone Ltd
The Market Cap of Adani Ports and Special Economic Zone Ltd is ₹305,897.28 Crores. The stock has shown a monthly return of 7.20% and a one-year return of 93.51%. It is currently 13.33% away from its 52-week high.
Adani Ports and Special Economic Zone Limited (APSEZ) is an integrated ports and logistics company in India. APSEZ operates multiple ports and terminals across India’s east and west coasts. The Company is involved in port services, port infrastructure development, and logistics solutions.
APSEZ provides comprehensive logistics services including multimodal logistics parks, grade A warehouses, and industrial economic zones. The Company is also expanding its operations internationally with projects like the Haifa Port in Israel.
Indian Oil Corporation Ltd
The Market Cap of Indian Oil Corporation Ltd is ₹238,366.50 Crores. The stock has shown a monthly return of 5.86% and a one-year return of 82.89%. It is currently 15.52% away from its 52-week high.
Indian Oil Corporation Limited (IOCL) is an oil company engaged in refining, pipeline transportation, and marketing of petroleum products. IOCL operates through segments like Petroleum Products, Petrochemicals, and Other Business Activities. The Company has a network of fuel stations, bulk storage terminals, and LPG bottling plants.
IOCL’s business interests span the entire hydrocarbon value chain, including exploration and production of crude oil and gas, petrochemicals, gas marketing, and renewable energy. The Company operates multiple refineries across India and has a strong presence in both domestic and international markets.
InterGlobe Aviation Ltd
The Market Cap of InterGlobe Aviation Ltd is ₹164,291.83 Crores. The stock has shown a monthly return of 4.43% and a one-year return of 81.26%. It is currently 7.95% away from its 52-week high.
InterGlobe Aviation Limited (IndiGo) is an airline company based in India. IndiGo provides air transportation and ground handling services for passengers and cargo. The Company operates a fleet of approximately 316 aircraft and offers scheduled services to 78 domestic and 22 international destinations.
IndiGo’s subsidiary, Agile Airport Services Private Limited, provides ground handling and other allied services at various airports in India. The Company focuses on offering affordable and efficient air travel services to its customers.
Container Corporation of India Ltd
The Market Cap of Container Corporation of India Ltd is ₹67,196.03 Crores. The stock has shown a monthly return of 11.68% and a one-year return of 72.10%. It is currently 3.52% away from its 52-week high.
Container Corporation of India Limited (CONCOR) is engaged in providing container transportation and logistics services. CONCOR operates a network of inland container depots (ICDs) and container freight stations (CFSs) across India. The Company offers multimodal logistics solutions including rail and road transportation.
CONCOR focuses on enhancing its logistics infrastructure and services to meet the growing demands of the trade and industry. The Company plays a crucial role in facilitating the efficient movement of goods within India and internationally.
Nifty Mobility Index – FAQs
Nifty Mobility is an index that tracks the performance of companies engaged in the automotive industry and mobility solutions in India. It includes businesses involved in manufacturing, services, and technology related to transportation and mobility.
The Nifty Mobility Index comprises a select number of companies that represent the automotive and mobility sector in India. As of the latest data, it includes a total of 15 companies.
Highest Weightage In Nifty Mobility Index # 1: Maruti Suzuki India Ltd.
Highest Weightage In Nifty Mobility Index # 2: Zomato Ltd.
Highest Weightage In Nifty Mobility Index # 3: Mahindra & Mahindra Ltd.
Highest Weightage In Nifty Mobility Index # 4: Adani Ports and Special Economic Zone Ltd.
Highest Weightage In Nifty Mobility Index # 5: Bajaj Auto Ltd.
The top 5 stocks are based on Highest Weightage.
Investing in the Nifty Mobility Index can be beneficial for those seeking exposure to India’s automotive and mobility sector. However, it is important to consider market conditions, sector-specific risks, and individual investment goals before making a decision.
To buy the Nifty Mobility Index, you can invest through exchange-traded funds (ETFs) or mutual funds that track the index. Alternatively, you can invest directly in the constituent companies’ stocks through a brokerage account.
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.