143 companies · NSE & BSE · Updated daily
The Indian auto components sector is witnessing robust demand, driven by a rebound in vehicle sales across segments and increasing export opportunities. Companies are leveraging this momentum, focusing on capacity expansion and product innovation.
Automotive ancillary stocks are showing strong performance, mirroring the broader auto sector's resurgence. Key performance indicators like revenue growth and order book expansion are trending upwards. Companies with strong R&D capabilities and diversified product portfolios are particularly well-positioned to capitalize on the shift towards electric vehicles (EVs) and stricter emission norms, which necessitate new-age components. Valuation multiples are expanding, reflecting improved earnings visibility and positive market sentiment.
What to Watch
Monitor inventory levels and raw material price volatility (especially steel and aluminium). Track export performance and the impact of global supply chain disruptions. Keep an eye on R&D spends and the pace of EV component development. Regulatory changes concerning emissions and safety standards are also crucial.
What are the key drivers for the auto ancillary sector currently?
The primary drivers are the strong domestic demand for passenger and commercial vehicles, increasing vehicle exports, and the ongoing transition towards EVs, which requires specialized components.
How is the EV transition impacting auto ancillary companies?
It's a significant opportunity. Companies are investing in battery components, power electronics, and lightweight materials. Those adapting quickly are gaining a competitive edge.
Are auto ancillary stocks currently overvalued?
Valuations have expanded, but many stocks still offer attractive entry points, especially considering the earnings growth potential. A stock-by-stock analysis is crucial, focusing on P/E, ROE, and debt levels.
What risks should investors be aware of in this sector?
Key risks include dependence on a few large OEMs, fluctuations in commodity prices, intense competition, and potential delays in EV adoption or technological shifts.
| # | Company | Symbol | Price | Change | Market Cap |
|---|---|---|---|---|---|
| 1 | Samvardhana Motherson International Ltd | MOTHERSON | ₹150.63 | -0.08% | ₹149.9K Cr |
| 2 | Bosch Ltd | BOSCHLTD | ₹41250.00 | -0.72% | ₹122.1K Cr |
| 3 | Bharat Forge Ltd | BHARATFORG | ₹2188.90 | -0.50% | ₹100.5K Cr |
| 4 | Uno Minda Ltd | UNOMINDA | ₹1223.70 | +3.66% | ₹67.0K Cr |
| 5 | Schaeffler India Ltd | SCHAEFFLER | ₹4049.50 | +0.23% | ₹64.4K Cr |
| 6 | Tube Investments of India Ltd | TIINDIA | ₹2763.60 | +0.39% | ₹57.1K Cr |
| 7 | Sona BLW Precision Forgings Ltd | SONACOMS | ₹789.70 | +2.64% | ₹41.6K Cr |
| 8 | Endurance Technologies Ltd | ENDURANCE | ₹2866.30 | +3.92% | ₹38.6K Cr |
| 9 | Exide Industries Ltd | EXIDEIND | ₹451.20 | +0.31% | ₹35.7K Cr |
| 10 | ZF Commercial Vehicle Control Systems GmbH | ZFCVINDIA | ₹2505.00 | +3.60% | ₹26.8K Cr |
| 11 | Motherson Sumi Wiring India Ltd | MSUMI | ₹39.65 | -2.36% | ₹26.3K Cr |
| 12 | Craftsman Automation Ltd | CRAFTSMAN | ₹10230.00 | +3.61% | ₹24.2K Cr |
| 13 | Asahi India Glass Ltd | ASAHIINDIA | ₹899.10 | +2.57% | ₹23.4K Cr |
| 14 | Belrise Industries Ltd | BELRISE | ₹240.43 | +1.56% | ₹20.9K Cr |
| 15 | Sansera Engineering Ltd | SANSERA | ₹3510.00 | +4.87% | ₹20.3K Cr |
| 16 | Sundram Fasteners Ltd | SUNDRMFAST | ₹993.70 | +2.85% | ₹20.2K Cr |
| 17 | Gabriel India Ltd | GABRIEL | ₹1545.40 | +1.18% | ₹19.5K Cr |
| 18 | Shriram Pistons & Rings Ltd | SHRIPISTON | ₹4478.80 | +1.90% | ₹18.4K Cr |
| 19 | CIE Automotive India Ltd | CIEINDIA | ₹412.15 | +0.87% | ₹17.5K Cr |
| 20 | Alexandria Real Estate Equities, Inc | ARE&M | ₹922.50 | +1.32% | ₹16.5K Cr |
| 21 | Minda Corporation Ltd | MINDACORP | ₹721.50 | +2.93% | ₹16.1K Cr |
| 22 | JBM Auto Ltd | JBMA | ₹659.65 | +0.20% | ₹16.1K Cr |
| 23 | Ramkrishna Forgings Ltd | RKFORGE | ₹681.50 | +4.66% | ₹10.3K Cr |
| 24 | Varroc Engineering Ltd | VARROC | ₹681.55 | +0.35% | ₹10.1K Cr |
| 25 | Lumax Auto Technologies Ltd | LUMAXTECH | ₹1637.70 | +4.43% | ₹10.0K Cr |
| 26 | Banco Products India Ltd | BANCOINDIA | ₹668.85 | +4.96% | ₹9.5K Cr |
| 27 | Ask Automotive Ltd | ASKAUTOLTD | ₹562.80 | +6.58% | ₹9.3K Cr |
| 28 | Pricol Ltd | PRICOLLTD | ₹758.70 | +8.91% | ₹7.5K Cr |
| 29 | SJS Enterprises Ltd | SJS | ₹2466.40 | +3.12% | ₹6.9K Cr |
| 30 | Suprajit Engineering Ltd | SUPRAJIT | ₹508.75 | +0.82% | ₹6.8K Cr |