Stocks list: Best Auto Stocks on Nifty with YTD & July 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 stocks 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 stocks in Nity500 list are auto component companies barring a few like TVS motors.
August Performance:
Price gains in auto stocks was driven by mid-caps as the stocks belonging to Nifty500 led the price gains in the month of August. There was just one stock which delivered double digit price gain and out of top ten stocks nine stocks were from Nifty500 index.
Varroc Engineering (NSE: VARROC) topped the chart with 35% price gains in july, none of the auto stocks came close to VARROC in terms of price performance. All the remaining stocks delivered less than 30% price gains.
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 31 August, 2023 for the price returns.
Table: Stocklist Auto Stocks
| Stock Symbol | Index | YTD | June Qtr | August | Closing Price 31 Aug |
|---|---|---|---|---|---|
| VARROC | Nifty500 | 41% | 32% | 20% | 422.8 |
| JBMA | Nifty500 | 191% | 90% | 8% | 1,516.1 |
| OLECTRA | Nifty500 | 141% | 50% | 8% | 1,249.0 |
| ASAHIINDIA | Nifty500 | 14% | 7% | 7% | 593.7 |
| JAMNAAUTO | Nifty500 | 14% | 1% | 6% | 119.4 |
| M&M | Nifty50 | 25% | 24% | 5% | 1,575.4 |
| MRF | Nifty500 | 23% | 20% | 5% | 1,08,686.3 |
| SONACOMS | Nifty500 | 42% | 23% | 5% | 595.6 |
| CIEINDIA | Nifty500 | 49% | 43% | 5% | 522.7 |
| MSUMI | Nifty500 | 7% | 16% | 4% | 62.1 |
| TVSMOTOR | Nifty500 | 32% | 22% | 4% | 1,419.9 |
| UNOMINDA | Nifty500 | 15% | 25% | 4% | 602.2 |
| MARUTI | Nifty50 | 19% | 15% | 3% | 10,003.8 |
| ATUL | Nifty500 | -11% | 1% | 2% | 7,334.1 |
| SUNDRMFAST | Nifty500 | 31% | 23% | 1% | 1,272.6 |
| EXIDEIND | Nifty500 | 47% | 31% | 1% | 266.8 |
| SUPRAJIT | Nifty500 | 28% | 18% | 1% | 423.1 |
| ZFCVINDIA | Nifty500 | 55% | 19% | 0% | 13,820.2 |
| SCHAEFFLER | Nifty500 | 12% | 7% | -2% | 3,052.3 |
| AMARAJABAT | Nifty500 | 9% | 16% | -2% | 628.4 |
| BOSCHLTD | Nifty100 | 8% | -2% | -2% | 18,573.9 |
| EICHERMOT | Nifty50 | 3% | 19% | -2% | 3,336.6 |
| ENDURANCE | Nifty500 | 21% | 27% | -3% | 1,660.4 |
| MOTHERSON | Nifty100 | 27% | 27% | -3% | 95.8 |
| TATAMTRDVR | Nifty500 | 90% | 47% | -4% | 399.5 |
| TIINDIA | Nifty500 | 4% | 24% | -5% | 2,900.5 |
| HEROMOTOCO | Nifty50 | 7% | 20% | -6% | 2,916.0 |
| BAJAJ-AUTO | Nifty50 | 29% | 17% | -6% | 4,613.8 |
| TATAMOTORS | Nifty50 | 52% | 40% | -7% | 601.0 |
| BALKRISIND | Nifty500 | 9% | 22% | -8% | 2,323.2 |
| CEATLTD | Nifty500 | 38% | 44% | -8% | 2,253.1 |
| APOLLOTYRE | Nifty500 | 18% | 26% | -9% | 388.4 |
