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LTP
-6.46 (-3.00%)
Volume
2,12,09,440
Market Cap
₹63,121 Cr
52W Low
₹166.25
52W High
₹264.65
LTP
-4.25 (-0.95%)
Volume
1,42,492
Market Cap
₹1,237 Cr
52W Low
₹412.65
52W High
₹844.40
LTP
-2.80 (-0.04%)
Volume
6,51,971
Market Cap
₹2,22,672 Cr
52W Low
₹7,301.00
52W High
₹12,774.00
LTP
-0.80 (-5.02%)
Volume
74,000
Market Cap
₹21 Cr
52W Low
₹15.15
52W High
₹47.25
LTP
-1.40 (-1.94%)
Volume
45,000
Market Cap
₹110 Cr
52W Low
₹69.20
52W High
₹183.75
LTP
-57.55 (-1.07%)
Volume
6,03,145
Market Cap
₹1,48,054 Cr
52W Low
₹3,886.10
52W High
₹5,575.50
LTP
19.25 (0.60%)
Volume
87,107
Market Cap
₹36,133 Cr
52W Low
₹2,743.30
52W High
₹4,420.00
LTP
21.35 (0.24%)
Volume
44,536
Market Cap
₹11,546 Cr
52W Low
₹6,125.00
52W High
₹10,277.85
LTP
126.10 (3.46%)
Volume
15,25,094
Market Cap
₹72,914 Cr
52W Low
₹3,461.60
52W High
₹6,246.25
LTP
0.79 (3.72%)
Volume
20,90,262
Market Cap
₹444 Cr
52W Low
₹15.85
52W High
₹48.60
LTP
49.45 (2.89%)
Volume
32,41,595
Market Cap
₹1,38,892 Cr
52W Low
₹1,551.30
52W High
₹1,970.00
LTP
-1.43 (-0.91%)
Volume
6,55,197
Market Cap
₹755 Cr
52W Low
₹154.51
52W High
₹293.20
LTP
-9.25 (-0.34%)
Volume
43,25,599
Market Cap
₹3,41,088 Cr
52W Low
₹1,855.30
52W High
₹3,270.95
LTP
-12.35 (-0.11%)
Volume
6,45,787
Market Cap
₹3,68,848 Cr
52W Low
₹10,725.00
52W High
₹13,680.00
LTP
-2.28 (-3.77%)
Volume
12,47,880
Market Cap
₹1,148 Cr
52W Low
₹51.24
52W High
₹139.20
LTP
3.36 (6.49%)
Volume
8,31,81,034
Market Cap
₹22,830 Cr
52W Low
₹46.37
52W High
₹157.40
LTP
-19.05 (-1.61%)
Volume
9,28,282
Market Cap
₹9,745 Cr
52W Low
₹1,008.30
52W High
₹2,011.75
LTP
7.16 (9.99%)
Volume
54,468
Market Cap
₹688 Cr
52W Low
₹48.45
52W High
₹78.80
LTP
-75.00 (-4.60%)
Volume
45,585
Market Cap
₹2,361 Cr
52W Low
₹1,028.40
52W High
₹2,405.00
LTP
-39.70 (-5.61%)
Volume
3,42,38,666
Market Cap
₹2,60,610 Cr
52W Low
₹606.30
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
-1.70 (-5.57%)
Volume
4,72,000
Market Cap
₹169 Cr
52W Low
₹27.25
52W High
₹64.00
LTP
26.45 (1.09%)
Volume
6,36,174
Market Cap
₹1,15,479 Cr
52W Low
₹1,873.00
52W High
₹2,958.00
LTP
-0.24 (-2.00%)
Volume
3,04,286
Market Cap
₹626 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
15.35 (0.41%)
Volume
10,178
Market Cap
₹3,194 Cr
52W Low
₹3,082.00
52W High
₹5,429.95
LTP
-2.52 (-12.53%)
Volume
93,50,715
Market Cap
₹524 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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