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LTP
2.70 (1.12%)
Volume
79,96,021
Market Cap
₹71,049 Cr
52W Low
₹191.86
52W High
₹264.65
LTP
-6.90 (-2.15%)
Volume
64,24,965
Market Cap
₹11,950 Cr
52W Low
₹288.15
52W High
₹343.00
LTP
6.10 (1.28%)
Volume
60,620
Market Cap
₹1,318 Cr
52W Low
₹412.65
52W High
₹844.40
LTP
112.00 (1.31%)
Volume
5,08,719
Market Cap
₹2,39,179 Cr
52W Low
₹7,089.35
52W High
₹12,774.00
LTP
-0.55 (-3.48%)
Volume
14,000
Market Cap
₹21 Cr
52W Low
₹14.00
52W High
₹47.25
LTP
-0.75 (-1.07%)
Volume
11,000
Market Cap
₹107 Cr
52W Low
₹66.50
52W High
₹183.75
LTP
17.00 (0.32%)
Volume
2,74,467
Market Cap
₹1,47,781 Cr
52W Low
₹4,253.85
52W High
₹5,906.50
LTP
-7.80 (-0.22%)
Volume
93,756
Market Cap
₹39,262 Cr
52W Low
₹2,825.20
52W High
₹4,420.00
LTP
104.00 (0.99%)
Volume
50,896
Market Cap
₹13,839 Cr
52W Low
₹6,125.00
52W High
₹11,259.50
LTP
23.40 (0.55%)
Volume
3,73,077
Market Cap
₹84,861 Cr
52W Low
₹3,344.00
52W High
₹6,246.25
LTP
-0.11 (-0.42%)
Volume
8,26,921
Market Cap
₹544 Cr
52W Low
₹20.55
52W High
₹40.50
LTP
26.70 (1.42%)
Volume
6,13,185
Market Cap
₹1,53,091 Cr
52W Low
₹1,541.70
52W High
₹1,970.00
LTP
-3.24 (-2.00%)
Volume
2,680
Market Cap
₹768 Cr
52W Low
₹136.80
52W High
₹293.20
LTP
27.40 (0.89%)
Volume
12,56,002
Market Cap
₹3,80,514 Cr
52W Low
₹2,425.00
52W High
₹3,270.95
LTP
-25.00 (-0.20%)
Volume
1,88,728
Market Cap
₹3,97,584 Cr
52W Low
₹10,725.00
52W High
₹13,680.00
LTP
0.24 (0.38%)
Volume
2,05,205
Market Cap
₹1,196 Cr
52W Low
₹51.24
52W High
₹139.20
LTP
0.30 (0.59%)
Volume
1,23,82,511
Market Cap
₹22,548 Cr
52W Low
₹45.35
52W High
₹157.40
LTP
6.30 (0.50%)
Volume
2,49,772
Market Cap
₹10,379 Cr
52W Low
₹989.95
52W High
₹1,960.00
LTP
7.16 (9.99%)
Volume
54,468
Market Cap
₹688 Cr
52W Low
₹57.00
52W High
₹78.80
LTP
47.00 (2.80%)
Volume
34,039
Market Cap
₹2,427 Cr
52W Low
₹1,028.40
52W High
₹2,405.00
LTP
8.00 (1.11%)
Volume
84,14,599
Market Cap
₹2,64,597 Cr
52W Low
₹535.75
52W High
₹1,179.00
LTP
0.00 (0.00%)
Volume
1,10,92,778
Market Cap
₹38,908 Cr
52W Low
₹396.10
52W High
₹804.30
LTP
2.40 (7.70%)
Volume
3,68,000
Market Cap
₹172 Cr
52W Low
₹27.25
52W High
₹64.00
LTP
16.10 (0.59%)
Volume
4,86,281
Market Cap
₹1,30,668 Cr
52W Low
₹2,069.00
52W High
₹2,958.00
LTP
-0.16 (-1.02%)
Volume
12,57,677
Market Cap
₹828 Cr
52W Low
₹10.87
52W High
₹25.45
LTP
0.00 (0.00%)
Volume
100
Market Cap
₹2 Cr
52W Low
₹0.00
52W High
₹4.20
LTP
0.00 (0.00%)
Volume
Market Cap
₹0 Cr
52W Low
₹0.00
52W High
₹0.00
LTP
12.40 (0.33%)
Volume
12,607
Market Cap
₹3,218 Cr
52W Low
₹3,082.00
52W High
₹5,429.95
LTP
-0.73 (-3.78%)
Volume
18,92,650
Market Cap
₹504 Cr
52W Low
₹17.30
52W High
₹75.25
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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