Top 5 Automobile Stocks in India You Should Know About 2025

List of Automobile Industry Stocks in India 2025

As the demand for vehicles grows, investing in automobile industry stocks in India offers a unique opportunity to participate in this sector's growth.  To help investors select the best auto sector stocks in India, we at Samco Securities, have compiled a list featuring 20 of the top entities in this industry along with their current market price as of December 09, 2024.   

Sr.No.

Company Name

Industry

BSE Code

NSE Symbol

CMP (Rs.)

(Close 09-Dec-2024)

Samco Rating

1

Amara Raja Energy & Mobility Ltd.

Batteries

500008

ARE&M

1324.50

5

2

Ashok Leyland Ltd.

Automobiles-Trucks/Lcv

500477

ASHOKLEY

228.65

3

3

Automobile Corporation of Goa Ltd.

Auto Ancillary

505036

AUTOCORP

2421.10

0.5

4

Bajaj Auto Ltd.

Automobile Two & Three Wheelers

532977

BAJAJ-AUTO

9068.05

5

5

Balkrishna Industries Ltd.

Tyres & Allied

502355

BALKRISIND

2858.15

4

6

Bosch Ltd.

Auto Ancillary

500530

BOSCHLTD

35878.70

4.5

7

Ceat Ltd.

Tyres & Allied

500878

CEATLTD

3404.45

1

8

Eicher Motors Ltd.

Automobile Two & Three Wheelers

505200

EICHERMOT

4838.00

4.5

9

Gabriel India Ltd.

Auto Ancillary

505714

GABRIEL

490.10

5

10

Hero MotoCorp Ltd.

Automobile Two & Three Wheelers

500182

HEROMOTOCO

4597.25

5

11

Hyundai Motor India Ltd.

Automobiles - Passenger Cars

544274

HYUNDAI

1826.95

3

12

LG Balakrishnan & Bros Ltd.

Auto Ancillary

500250

LGBBROSLTD

1355.10

2

13

Lumax Auto Technologies Ltd.

Auto Ancillary

532796

LUMAXTECH

579.55

3

14

Mahindra & Mahindra Ltd.

Automobiles - Passenger Cars

500520

M&M

3050.95

4

15

Maruti Suzuki India Ltd.

Automobiles - Passenger Cars

532500

MARUTI

11277.25

2

16

OLA Electric Mobility Ltd.

Automobile Two & Three Wheelers

544225

OLAELEC

92.23

3

17

Samvardhana Motherson International Ltd.

Auto Ancillary

517334

MOTHERSON

166.80

4.5

18

Tata Motors Ltd.

Automobiles-Trucks/Lcv

500570

TATAMOTORS

798.90

4

19

TVS Motor Company Ltd.

Automobile Two & Three Wheelers

532343

TVSMOTOR

2489.35

3

20

UNO Minda Ltd.

Auto Ancillary

532539

UNOMINDA

1078.20

4.5

Data as on December 2024

Top 5 Automobile Stocks in India 

Among the top automobile companies in India by market share, quite a few prominent names stand out due to their consistent performance and innovation. Here is a quick overview of the top 5 automobile stocks in India you can consider investing in. 

Bosch Ltd. is renowned for its innovative solutions in consumer appliance, automobile, and industrial technology. The company’s technological advancements in mobility have cemented its position among the top automobile companies in India by market share. In terms of financial performance, Bosch’s impressive ROCE of 28.02% and PAT margin of 14.89% as of FY24, make it stand out among the best auto sector stocks in India

Eicher Motors Ltd., the parent company of Royal Enfield, has established itself as a leader among the top 5 automobile stocks in India with its focus on exports and new motorcycle launches. The company is an attractive option for investors seeking growth-oriented automobile industry stocks in India thanks to a robust 3-year net sales CAGR of 23.77% and an ROE of 24.32% as of FY24. 

Hero MotoCorp Ltd. is the world’s largest manufacturer of two-wheelers and a pioneer in affordable mobility solutions, making it a top contender among the best auto sector stocks in India. Hero MotoCorp’s financial strength is evident in its ROE of 21.84%. In contrast, its high dividend yield of 2.97% further enhances its appeal to investors looking for income-oriented automobile industry stocks in India.

Mahindra & Mahindra Ltd. (M&M) is a diversified conglomerate and a leader in the industrial and passenger vehicle segments, making it one of the top automobile companies in India by market share. In terms of performance, M&M’s 3-year net sales CAGR stood at 23.02% and its ROCE at 14.88%, both of which highlight its operational prowess among high-growth automobile industry stocks in India.

UNO Minda Ltd., a key player among the top 5 automobile stocks in India, specialises in producing various car and two-wheeler components and systems. The company’s financial performance is impressive with a net sales CAGR of 30.09% and PAT CAGR of 60.35% over three years. With a PBIDTM of 11.52% and a strong ROE of 20.43%, UNO Minda stands out among the best auto sector stocks in India for its innovation and profitability.

The Role of Technology in India’s Auto Sector

Technology is reshaping India's automotive sector and bringing in a notable shift towards electric vehicles (EVs). The Indian government aims for EVs to make up 30% of total vehicle sales by 2030 and is promoting this through initiatives like the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme. 

Connected cars equipped with the Internet of Things (IoT) are gaining traction too. Many leading automakers are integrating advanced telematics systems to improve user experience and operational efficiency. For instance, Tata Motors, among the most popular automobile industry stocks in India, is a leader in developing connected vehicle solutions. As of 2024, Tata's Intra V30, an IoT-enabled commercial vehicle, has significantly increased fleet efficiency.

Autonomous driving technology is another innovation that is growing popular in India. Though fully self-driving cars are not yet feasible due to regulatory and infrastructure challenges, semi-autonomous features like adaptive cruise control and lane-keeping assistance are increasingly integrated into high-end models. Top automobile companies in India by market share, like Mahindra & Mahindra, are testing AI-driven systems to enhance road safety and reduce driver fatigue. 

3D printing is another transformative technology that is reshaping manufacturing in the Indian auto industry. Companies like Ashok Leyland and Mahindra are using 3D-printed parts for prototyping and small-scale production. This reduces costs and development times. 

What are the Advantages of Investing in Automobile Stocks?

Investing in the best auto sector stocks in India can help you capitalise on the growth opportunities brought in by modern technology. In addition to this, auto sector investments can be potentially beneficial in several ways. Check out the key advantages of investing in auto sector stocks. 

  • Diverse Growth Opportunities

Investing in the top 5 automobile stocks in India offers exposure to companies with strong growth potential. These stocks, often driven by domestic demand, export opportunities and innovation in electric vehicles, could benefit from the sector's role as a key driver of India's economy.

  • Established Market Leaders

The top automobile companies in India by market share often enjoy strong brand recognition, operational efficiencies and a loyal customer base. Investing in such market leaders offers the potential for consistent returns, especially in a competitive and evolving industry.

  • Sector Resilience and Innovation

The automobile industry stocks in India belong to a resilient sector that adapts to changes like electric mobility and green initiatives. If you are a long-term investor, you can benefit from the industry's shift towards sustainability and advanced technologies, which pave the way for growth.

  • Opportunities in Low-Cost Stocks

Investing in automobile sector penny stocks can be appealing to you if you seek higher growth potential, even if it means higher risks. These stocks, which are priced below 10 or 20 rupees, can help you capitalise on the expansion of smaller companies within a growing industry segment.

What are the Risks of Investing in Automobile Stocks?

Choosing the top 5 automobile stocks in India can broadly be potentially beneficial in many ways, as discussed above. However, even these investments are not entirely risk-free. Here are key risks you need to account for. 

  • Cyclicality of the Sector

The top 5 automobile stocks in India are significantly influenced by economic cycles. During downturns, reduced consumer spending and delayed vehicle purchases can lead to declining revenues — making these stocks susceptible to market volatility.

  • Intense Competition

The top automobile companies in India by market share also face stiff competition from domestic and international players. This can lead to price wars, squeezed margins and the constant need for innovation, which may strain profitability over time.

  • Regulatory and Environmental Challenges

All automobile industry stocks in India are subject to evolving regulations like changing emission standards and safety norms. Compliance with these laws can increase costs, and failure to adapt may result in legal penalties or even loss of market share.

  • Volatility in Penny Stocks

Investing in automobile sector penny stocks carries a high level of risk because these stocks are not very liquid and may have limited financial stability. They may also experience significant price fluctuations, and even minor setbacks can lead to substantial losses.

What are the Best Investment Strategies for Auto Stocks?

To ensure that you maximise the potential returns and minimise risks as much as possible, you can adopt any of these strategies when you invest in the best auto sector stocks in India.

  • Focus on Market Leaders

Investing in the top automobile companies in India by market share can be a strategic choice if you want stability and growth. These companies often have strong financials and are capable of withstanding market volatility better than smaller players.

  • Diversify Across Segments

You can also include a mix of the top 5 automobile stocks in India — which cover passenger vehicles, commercial vehicles and two-wheelers — to mitigate risks. Diversification ensures that poor performance in one segment is balanced by possible gains in another.

  • Watch for Emerging Trends

Keep an eye on innovative developments like electric vehicles and autonomous driving. This can help you identify the best auto sector stocks in India. Companies investing in such transformative technologies are likely to benefit from long-term demand and policy support.

  • Consider Value in Penny Stocks

While risky, consider selectively investing in automobile sector penny stocks with strong fundamentals and growth potential. This may yield potentially high returns. Look for companies with innovative offerings, improving financials and expanding market presence.

What Does the Future Outlook of India’s Auto Sector Look Like? 

India's automotive sector is poised for significant growth, with projections indicating it will reach USD 300 billion by 2026. This expansion is driven by rising income levels, urbanisation and a growing middle class with increasing purchasing power. The industry's excellent production figures and substantial foreign direct investment also position India as a global automotive hub with a promising future. 

The recent shift towards electric vehicles (EVs) is another key factor in this growth. India is projected to become the third-largest EV market by 2025, with an estimated 2.5 million EVs on the roads. Government initiatives like the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme, have spurred this transition. Additionally, the auto components industry has witnessed a remarkable 23% growth and contributed 2.3% to India's GDP, with expectations to reach 7% by 2026.

To capitalise on the opportunities presented by this growing market segment, you need a broking partner you can trust. Samco Securities checks all the boxes, with an easy account-opening process, a wide range of tools and features available free of cost on the Samco trading app and up-to-date market information available at your fingertips. Open your Samco trading account today to enjoy these benefits and more. 

A Model Portfolio of the Best Auto Sector Stocks in India 2025

At Samco Securities, we believe in empowering investors to make informed investment decisions. With the input of our expert research team, we have curated a model portfolio featuring the best auto sector stocks in India that provide a balanced combination of growth and stability while simultaneously mitigating risk. Let us now look at the top 5 automobile stocks in India you can include in your portfolio. 

Company Name

Weightage (%)

CMP (Rs.)

(Close 09-Dec-2024)

Quantity

Total (Rs.)

Balkrishna Industries Ltd.

11%

2858.15

6

17148.90

Mahindra & Mahindra Ltd.

30%

3050.95

15

45764.25

Eicher Motors Ltd.

16%

4838.00

5

24190.00

TVS Motor Company Ltd.

20%

2489.35

12

29872.20

Maruti Suzuki India Ltd.

22%

11277.25

3

33831.75

TOTAL

100%

 

--

150807.10

Data as on December 2024

A Detailed Overview of the Automobile Industry Stocks in India 2025

 

Sr.No.

Company Name

Industry

BSE Code

NSE Symbol

CMP (Rs.)

(Close 09-Dec-2024)

Market Cap (Rs. in Cr)

(Close 09-Dec-2024)

Samco Rating

Book Value

Price to Book Value

NSE 52 Wk High Price

NSE 52 Wk Low Price

Price to Equity

Net Sales

(FY 2024) (Rs. in Cr)

Net Sales 3 Year CAGR

Profit After Tax (FY 2024) (Rs. in Cr)

Profit After Tax 3 Year CAGR

Net Worth

(as of 31-Mar-2024)

(Rs. in Cr)

Total Debt

(as of 31-Mar-2024)

(Rs. in Cr)

Debt to Equity(x)

(as of 31-Mar-2024)

ROCE(%)

(FY 2024)

ROE(%)

(FY 2024)

PBIDTM(%) / Operating Margin (FY 2024)

PAT Margin(%)

(FY 2024)

Adjusted EPS (Rs.)

(FY 2024)

Dividend Yield %

(FY 2024)

1

Amara Raja Energy & Mobility Ltd.

Batteries

500008

ARE&M

1324.50

24241.71

5

396.98

3.34

1775.95

728.50

25.01

11708.44

17.87%

934.38

13.04%

6798.73

53.33

0.01

19.81

15.40

14.62

7.72

51.06

1.30

2

Ashok Leyland Ltd.

Automobiles-Trucks/Lcv

500477

ASHOKLEY

228.65

67143.70

3

35.11

6.51

264.65

157.55

25.55

45790.64

33.02%

2696.34

 

8956.62

40564.34

4.53

15.92

30.88

17.37

5.79

8.46

2.89

3

Automobile Corporation of Goa Ltd.

Auto Ancillary

505036

AUTOCORP

2421.10

1474.12

0.5

386.58

6.26

  

32.08

584.34

71.57%

38.37

 

218.95

61.88

0.28

18.72

18.60

9.60

6.57

63.02

0.92

4

Bajaj Auto Ltd.

Automobile Two & Three Wheelers

532977

BAJAJ-AUTO

9068.05

253232.20

5

1109.33

8.17

12774.00

6018.30

34.35

44870.43

17.38%

7708.24

16.64%

28859.79

1911.74

0.07

33.47

26.51

22.54

17.04

276.10

0.87

5

Balkrishna Industries Ltd.

Tyres & Allied

502355

BALKRISIND

2858.15

55252.95

4

486.18

5.88

3375.00

2193.80

33.92

9368.87

17.45%

1471.49

7.71%

8853.82

3095.43

0.35

17.98

17.93

28.81

15.67

76.12

0.86

6

Bosch Ltd.

Auto Ancillary

500530

BOSCHLTD

35878.70

105819.35

4.5

4317.20

8.31

39088.80

21331.00

50.75

16727.10

19.85%

2490.20

73.03%

12056.90

0.00

0.00

28.02

21.60

16.84

14.89

844.51

1.25

7

Ceat Ltd.

Tyres & Allied

500878

CEATLTD

3404.45

13771.03

1

1038.43

3.28

3578.80

2210.15

24.33

11943.48

16.21%

635.28

13.69%

4042.61

1628.90

0.40

20.10

16.98

14.00

5.32

158.88

1.12

8

Eicher Motors Ltd.

Automobile Two & Three Wheelers

505200

EICHERMOT

4838.00

132625.28

4.5

692.35

6.99

5105.00

3562.45

31.07

16535.78

23.77%

4001.01

43.75%

17968.39

275.58

0.02

31.35

24.32

32.36

23.97

146.13

1.27

9

Gabriel India Ltd.

Auto Ancillary

505714

GABRIEL

490.10

7039.99

5

75.60

6.48

559.55

271.55

33.40

3402.63

26.15%

178.75

43.67%

1002.15

25.17

0.03

40.74

33.01

9.05

5.19

12.44

1.20

10

Hero MotoCorp Ltd.

Automobile Two & Three Wheelers

500182

HEROMOTOCO

4597.25

91944.78

5

950.53

4.84

6246.25

3683.00

22.22

37788.62

6.87%

3742.16

8.42%

17653.29

363.43

0.02

29.50

21.84

15.74

9.74

187.34

2.97

11

Hyundai Motor India Ltd.

Automobiles - Passenger Cars

544274

HYUNDAI

1826.95

148447.20

3

472.51

3.87

1970.00

1688.50

24.50

69829.06

19.45%

6060.04

47.69%

10665.66

777.47

0.07

51.43

39.45

15.19

8.68

74.58

 

12

LG Balakrishnan & Bros Ltd.

Auto Ancillary

500250

LGBBROSLTD

1355.10

4321.74

2

562.81

2.41

1574.80

1102.00

15.26

2346.05

13.40%

271.50

26.90%

1625.03

99.49

0.06

23.35

18.16

18.96

11.57

86.44

1.42

13

Lumax Auto Technologies Ltd.

Auto Ancillary

532796

LUMAXTECH

579.55

3950.08

3

122.54

4.73

609.95

362.50

25.45

2821.74

36.56%

166.96

48.25%

789.61

680.29

0.86

22.03

23.01

14.49

5.85

19.10

1.14

14

Mahindra & Mahindra Ltd.

Automobiles - Passenger Cars

500520

M&M

3050.95

379394.43

4

567.46

5.38

3222.10

1575.00

31.97

138279.30

23.02%

12269.82

49.10%

65891.79

105224.96

1.60

14.88

20.11

18.78

8.47

101.09

1.10

15

Maruti Suzuki India Ltd.

Automobiles - Passenger Cars

532500

MARUTI

11277.25

354559.64

2

2834.77

3.98

13680.00

9737.65

25.29

141858.20

26.32%

13488.20

45.39%

85636.00

33.10

0.00

21.82

16.84

15.37

9.17

429.01

0.99

16

OLA Electric Mobility Ltd.

Automobile Two & Three Wheelers

544225

OLAELEC

92.23

40681.08

3

14.90

6.19

157.40

66.66

0.00

5009.83

1696.54%

-1584.40

99.60%

-1208.43

2389.21

1.35

-33.24

0.00

-20.64

-31.63

-8.10

 

17

Samvardhana Motherson International Ltd.

Auto Ancillary

517334

MOTHERSON

166.80

117365.40

4.5

46.38

3.60

216.99

90.20

30.99

98691.70

19.82%

3019.60

34.44%

26154.90

17351.30

0.66

14.47

12.42

9.60

3.06

4.01

0.68

18

Tata Motors Ltd.

Automobiles-Trucks/Lcv

500570

TATAMOTORS

798.90

294085.07

4

274.55

2.91

1179.00

696.25

8.82

437927.77

20.58%

31806.75

 

84827.02

98500.09

1.16

21.41

48.90

14.95

7.26

81.93

0.60

19

TVS Motor Company Ltd.

Automobile Two & Three Wheelers

532343

TVSMOTOR

2489.35

118265.81

3

163.32

15.24

2958.00

1873.00

62.67

39144.74

26.32%

1778.54

43.06%

6783.51

25286.62

3.73

15.64

28.95

14.43

4.54

35.50

0.37

20

UNO Minda Ltd.

Auto Ancillary

532539

UNOMINDA

1078.20

61906.35

4.5

92.75

11.62

1255.00

604.55

66.80

14030.89

30.09%

924.71

60.35%

4913.54

1573.11

0.32

21.89

20.43

11.52

6.58

15.33

0.29

Data as on December 2024

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