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LTP
13.92 (5.99%)
Volume
4,42,94,621
Market Cap
₹68,257 Cr
52W Low
₹157.55
52W High
₹248.89
LTP
9.20 (1.29%)
Volume
44,906
Market Cap
₹1,973 Cr
52W Low
₹327.55
52W High
₹844.40
LTP
214.65 (2.31%)
Volume
2,50,937
Market Cap
₹2,59,082 Cr
52W Low
₹4,541.00
52W High
₹10,038.80
LTP
112.35 (2.29%)
Volume
6,25,501
Market Cap
₹1,34,294 Cr
52W Low
₹3,274.90
52W High
₹5,058.90
LTP
88.15 (2.17%)
Volume
2,82,131
Market Cap
₹44,807 Cr
52W Low
₹2,352.05
52W High
₹4,409.55
LTP
253.65 (3.09%)
Volume
23,764
Market Cap
₹10,836 Cr
52W Low
₹2,400.10
52W High
₹10,277.85
LTP
75.70 (1.40%)
Volume
5,17,290
Market Cap
₹1,08,048 Cr
52W Low
₹2,890.00
52W High
₹5,894.55
LTP
0.18 (0.54%)
Volume
43,03,339
Market Cap
₹695 Cr
52W Low
₹13.45
52W High
₹48.60
LTP
80.60 (2.87%)
Volume
23,51,811
Market Cap
₹3,49,587 Cr
52W Low
₹1,415.75
52W High
₹3,013.50
LTP
154.50 (1.24%)
Volume
5,37,593
Market Cap
₹3,93,039 Cr
52W Low
₹9,254.15
52W High
₹13,300.00
LTP
0.01 (0.01%)
Volume
1,43,502
Market Cap
₹1,249 Cr
52W Low
₹25.35
52W High
₹143.80
LTP
0.00 (0.00%)
Volume
Market Cap
₹0 Cr
52W Low
₹0.00
52W High
₹0.00
LTP
6.20 (0.36%)
Volume
3,69,681
Market Cap
₹13,974 Cr
52W Low
₹1,013.00
52W High
₹2,221.95
LTP
7.16 (9.99%)
Volume
54,468
Market Cap
₹688 Cr
52W Low
₹28.70
52W High
₹91.28
LTP
57.85 (2.88%)
Volume
17,795
Market Cap
₹2,920 Cr
52W Low
₹1,040.05
52W High
₹2,480.00
LTP
28.55 (2.62%)
Volume
2,03,75,216
Market Cap
₹4,00,653 Cr
52W Low
₹593.30
52W High
₹1,120.50
LTP
17.75 (2.38%)
Volume
27,21,037
Market Cap
₹37,990 Cr
52W Low
₹392.95
52W High
₹767.20
LTP
-2.75 (-5.00%)
Volume
36,70,000
Market Cap
₹304 Cr
52W Low
₹52.20
52W High
₹64.00
LTP
58.70 (2.40%)
Volume
13,28,160
Market Cap
₹1,16,373 Cr
52W Low
₹1,317.00
52W High
₹2,528.80
LTP
-0.91 (-4.00%)
Volume
91,47,018
Market Cap
₹1,190 Cr
52W Low
₹8.80
52W High
₹41.65
LTP
0.00 (0.00%)
Volume
100
Market Cap
₹2 Cr
52W Low
₹0.00
52W High
₹4.20
LTP
139.50 (3.33%)
Volume
20,803
Market Cap
₹3,614 Cr
52W Low
₹2,975.00
52W High
₹4,392.00
LTP
3.88 (6.77%)
Volume
32,08,067
Market Cap
₹1,494 Cr
52W Low
₹35.70
52W High
₹86.50
LTP
0.00 (0.00%)
Volume
1,55,890
Market Cap
₹0 Cr
52W Low
₹6.80
52W High
₹25.85
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The automobile sector comprises companies that are engaged in the manufacture of motor vehicles and their components, including bodies and engines, but excluding batteries, tires and fuel. The key products of the industry are passenger automobiles, such as two-wheelers and four-wheelers, light trucks, commercial vehicles like delivery trucks, large transport trucks, etc.
The automobile sector plays an important role in macroeconomic expansion and technological advancement in India. In terms of volume, the two-wheeler segment plays a major role in the market due to a rise in the young and middle-class population in the country. In addition to this, companies also show interest in exploring rural markets, which further aids the growth of the sector. Now, looking into the commercial vehicles segment, the increase in logistics and passenger transportation industries is causing demand for these vehicles.
In 2021, the Indian passenger car market reached a value of US$ 32.70 billion, projected to grow at a CAGR of over 9% to reach US$ 54.84 billion by 2027. Simultaneously, the global electric vehicle (EV) market, valued at approximately US$ 250 billion in 2021, is expected to soar to US$ 1,318 billion by 2028. As of July 2023, the total production of vehicles, including passenger, three-wheelers, two-wheelers, and quadricycles, was 2.08 million units. The Indian EV market is anticipated to reach ₹50,000 crore (US$ 7.09 billion) by 2025. By 2030, the Government of India has committed that 30% of the new vehicle sales in the country will be electric. The Automotive Mission Plan 2016-26 is a mutual initiative by the Indian automotive industry and the Government to lay down the roadmap for the development of the industry.
Investing in automobile stocks via Angel One is easy. Simply follow these steps:
If you don’t have a Demat account with Angel One, you can open one for free online within minutes.
Automobile sector stocks are stocks of companies that are part of the automobile industry, i.e., the companies that are involved in the manufacturing and sale of cars, motorcycles, and other vehicles.
Based on the market cap, Maruti Suzuki India Ltd (₹3,14,031.58 crore), Tata Motors Ltd (₹2,96,789.33 crore), Bajaj Auto Ltd (₹2,04,253.31 crore) and Mahindra and Mahindra Ltd (₹1,94,942.55 crore) are the top automobile stocks in India. The data is as of January 25, 2024.
To evaluate automobile sector stocks, focus on Key Performance Indicators (KPIs) like Average Downtime, Utilization Rate, Inventory Turns, and EBITDA. These metrics provide insights into operational efficiency, safety practices, production effectiveness, inventory management, and financial performance.
The increase in middle-class income and a huge youth population are creating a strong demand for automobiles. The rise in demand and Government support are driving profits for companies, which can create potential investment opportunities for investors as well.
RACL Geartech Ltd is the best automobile stock in India. The company is into manufacturing gears, shafts and other automotive component parts. As of January 25, 2024, the company’s 5-year CAGR stood at ~79.18%.
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