Best 5 Auto Stocks in India: In India, auto stocks have been doing really well, and there’s a good reason for it. The auto industry in India has seen incredible growth, and the Nifty Auto index has been doing better than the overall Nifty50 index for the last ten years.
Even though there have been a few challenges in the last few years, like changes in regulations and problems with the supply chain, the auto industry is still doing pretty well. Here are some of the Best 5 Auto Stocks in India-
Best performing auto stocks
Here are some companies in the tire and rubber, two-wheelers, and four-wheelers sectors, along with their market caps, closing prices, and returns:
- MRF Ltd
- Sub-Sector: Tires & Rubber
- Market Cap: Rs. 54,890.38 crore
- Close Price: Rs. 1,29,423.55
- 1-Month Return: 16.06%
- 1-Year Return: 46.99%
- CEAT Ltd
- Sub-Sector: Tires & Rubber
- Market Cap: Rs. 9,833.42 crore
- Close Price: Rs. 2,431.00
- 1-Month Return: 15.58%
- 1-Year Return: 49.16%
- Bajaj Auto Ltd
- Sub-Sector: Two Wheelers
- Market Cap: Rs. 1,89,761.59 crore
- Close Price: Rs. 6,701.10
- 1-Month Return: 11.82%
- 1-Year Return: 87.50%
- Tata Motors Ltd (Four Wheelers)
- Market Cap: Rs. 2,89,449.00 crore
- Close Price: Rs. 790.60
- 1-Month Return: 10.22%
- 1-Year Return: 100.25%
- Tata Motors Ltd (Four Wheelers)
- Market Cap: Rs. 1,51,860.11 crore
- Close Price: Rs. 525.95
- 1-Month Return: 7.97%
- 1-Year Return: 150.21%
Auto Stocks with Strong Fundamentals
Here’s information about some companies and their stocks in simple language:
- TVS Motor Company Ltd
- Sector: Two Wheelers
- Market Cap: Rs. 95,922.46 crore
- Close Price: Rs. 2,019.05
- Return on Equity: 24.24%
- Net Income: Rs. 1,328.67 crore
- Debt to Equity: 378.62%
- Bajaj Auto Ltd
- Sector: Two Wheelers
- Market Cap: Rs. 1,89,761.59 crore
- Close Price: Rs. 6,701.10
- Return on Equity: 20.47%
- Net Income: Rs. 6,060.21 crore
- Debt to Equity: 0.42%
- Hero MotoCorp Ltd
- Sector: Two Wheelers
- Market Cap: Rs. 82,324.52 crore
- Close Price: Rs. 4,118.55
- Return on Equity: 17.15%
- Net Income: Rs. 2,809.96 crore
- Debt to Equity: 3.38%
- Mahindra and Mahindra Ltd
- Sector: Four Wheelers
- Market Cap: Rs. 2,03,946.72 crore
- Close Price: Rs. 1,703.30
- Return on Equity: 16.60%
- Net Income: Rs. 10,281.50 crore
- Debt to Equity: 137.51%
- Balkrishna Industries Ltd
- Sector: Tires & Rubber
- Market Cap: Rs. 49,803.34 crore
- Close Price: Rs. 2,576.25
- Return on Equity: 14.59%
- Net Income: Rs. 1,057.40 crore
- Debt to Equity: 44.28%
- Maruti Suzuki India Ltd
- Sector: Four Wheelers
- Market Cap: Rs. 3,23,309.60 crore
- Close Price: Rs. 10,283.30
- Return on Equity: 14.02%
- Net Income: Rs. 8,211.00 crore
- Debt to Equity: 2.02%
- Apollo Tyres Limited
- Sector: Tires & Rubber
- Market Cap: Rs. 28,785.95 crore
- Close Price: Rs. 453.25
- Return on Equity: 8.97%
- Net Income: Rs. 1,104.64 crore
- Debt to Equity: 49.86%
- CEAT Ltd
- Sector: Tires & Rubber
- Market Cap: Rs. 9,833.42 crore
- Close Price: Rs. 2,431.00
- Return on Equity: 5.51%
- Net Income: Rs. 186.17 crore
- Debt to Equity: 66.40%
- MRF Ltd
- Sector: Tires & Rubber
- Market Cap: Rs. 54,890.38 crore
- Close Price: Rs. 129,423.55
- Return on Equity: 5.35%
- Net Income: Rs. 768.95 crore
- Debt to Equity: 20.49%
- Tata Motors Ltd
- Sector: Four Wheelers
- Market Cap: Rs. 2,89,449.00 crore
- Close Price: Rs. 790.60
- Return on Equity: 4.76%
- Net Income: Rs. 2,414.29 crore
- Debt to Equity: 254.97%
Auto stocks based on high dividend yield
Here is information about some companies in the auto industry and their dividends:
- Hero MotoCorp Ltd (Two Wheelers)
- Market Cap: Rs. 82,324.52 crore
- Close Price: Rs. 4,118.55
- Dividend Yield: 2.43%
- Dividend Per Share: Rs. 100.00
- Bajaj Auto Ltd (Two Wheelers)
- Market Cap: Rs. 1,89,761.59 crore
- Close Price: Rs. 6,701.10
- Dividend Yield: 2.09%
- Dividend Per Share: Rs. 140.00
- Apollo Tyres Limited (Tires & Rubber)
- Market Cap: Rs. 28,785.95 crore
- Close Price: Rs. 453.25
- Dividend Yield: 0.99%
- Dividend Per Share: Rs. 4.50
- Mahindra and Mahindra Ltd (Four Wheelers)
- Market Cap: Rs. 2,03,946.72 crore
- Close Price: Rs. 1,703.30
- Dividend Yield: 0.95%
- Dividend Per Share: Rs. 16.25
- Maruti Suzuki India Ltd (Four Wheelers)
- Market Cap: Rs. 3,23,309.60 crore
- Close Price: Rs. 10,283.30
- Dividend Yield: 0.84%
- Dividend Per Share: Rs. 90.00
- Balkrishna Industries Ltd (Tires & Rubber)
- Market Cap: Rs. 49,803.34 crore
- Close Price: Rs. 2,576.25
- Dividend Yield: 0.62%
- Dividend Per Share: Rs. 16.00
- CEAT Ltd (Tires & Rubber)
- Market Cap: Rs. 9,833.42 crore
- Close Price: Rs. 2,431.00
- Dividend Yield: 0.49%
- Dividend Per Share: Rs. 12.00
- TVS Motor Company Ltd (Two Wheelers)
- Market Cap: Rs. 95,922.46 crore
- Close Price: Rs. 2,019.05
- Dividend Yield: 0.25%
- Dividend Per Share: Rs. 5.00
- Tata Motors Ltd (Four Wheelers)
- Market Cap: Rs. 2,89,449.00 crore
- Close Price: Rs. 790.60
- Dividend Yield: 0.23%
- Dividend Per Share: Rs. 2.00
- MRF Ltd (Tires & Rubber)
- Market Cap: Rs. 54,890.38 crore
- Close Price: Rs. 129,423.55
- Dividend Yield: 0.14%
- Dividend Per Share: Rs. 175.00
Conclusion
Recently, the car industry in India has been performing great, with consistent growth and good returns. Interestingly, a lot of car stocks are currently being traded at prices similar to their average over the last 10 years. This might be a wonderful opportunity for investors looking to expand their investments by including car stocks in their portfolios. But remember, it’s crucial to consider your investment goals and have a discussion with your investment advisor before making any decisions.
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