Best Auto Stocks

Best Auto Stocks on Nifty with YTD & February Price Gain

There are 32 automobile and auto components stocks on NSE. These best auto stocks comprised of large, medium and small enterprises. These stocks are constituents of three indices – Nifty50, Nifty100 and Nifty500.

Six of thirty one listed index shares are part of Nifty50 – Bajaj Auto, Mahinda (M&M), Maruti, Tata Motors, Hero MotoCorp and Eicher Motors. All of these are tier 1 OEM companies.

Only two of them are part of Nifty100 index. Remaining twenty three stocks are part of Nifty500 index. Majority of shares in Nity500 list are auto component companies barring a few like TVS motors.

February Performance:

Price gains in the auto stocks was driven by both mid-caps as well as by the blulechip  stocks belonging to Nifty50 which performed extremely well in the month of February. There were nine stocks which delivered double digit price gain. 14 out of 32 stocks in the list delivered negative price returns in the month.

Bosch Ltd (NSE: BOSCHLTD)  topped the chart with 23% price gains in feb, none of the shares came close to BOSCHLTD in terms of price performance. All the remaining stocks delivered less than 18% price gains. M&M, TATAMOTORS, and MARUTIwere only Nifty50 stocks in the top ten.

The table provides list of index stocks from automobile industry with index description and price gains over period of time and last closing price on 29 Feb, 2024 for the price returns.

Table: Stocklist Auto Shares

Stock SymbolIndexYTD Price GainJan-Mar QtrFebClosing Price 29 Feb
BOSCHLTDNifty10027%-23%28,590.9
M&MNifty5013%-18%1,932.4
OLECTRANifty50043%-16%1,966.8
SONACOMSNifty2007%-15%689.4
MSUMINifty20013%-14%70.2
TATAMOTORSNifty5020%-13%950.2
MARUTINifty5010%-13%11,288.4
TATAMTRDVRNifty50020%-12%632.3
JBMANifty50034%-11%2,166.0
SUPRAJITNifty5004%-9%425.3
TVSMOTORNifty2006%-9%2,139.2
JAMNAAUTONifty5007%-7%119.9
CEATLTDNifty50017%-5%2,855.4
BAJAJ-AUTONifty5018%-5%7,909.4
EICHERMOTNifty50-6%-3%3,792.4
MOTHERSONNifty10013%-2%119.2
EXIDEINDNifty500-1%-2%320.3
MRFNifty20013%-2%1,46,081.6
ASAHIINDIANifty500-6%--1%535.4
APOLLOTYRENifty20014%--2%518.5
UNOMINDANifty500-2%--2%669.6
HEROMOTOCONifty507%--4%4,426.5
AMARAJABATNifty5002%--6%838.0
SCHAEFFLERNifty500-10%--7%2,892.8
CIEINDIANifty500-11%--8%440.9
ENDURANCENifty500-4%--8%1,857.0
VARROCNifty500-13%--9%487.6
CRAFTSMANNifty500-22%--10%4,188.9
BALKRISINDNifty200-13%--11%2,229.0
SUNDRMFASTNifty500-14%--13%1,070.5
ZFCVINDIANifty500-11%--13%14,524.1
TIINDIANifty200-3%--14%3,488.7

Data Source: NSE