Auto ancillary industries are very much closely linked to Automobile Industries. The Indian Auto Ancillary industry is one of the most important and key industries in India with higher growth prospects. Mostly Demand of Auto ancillary industries Comes from OEM’s (Original Equipment Manufacturers) and from Replacement Market.
These type of industries deals with the manufacturing and selling of intermediate parts, flux spreader, mobile works signalling, inspection service and surveillance vans, equipment and chemicals among others. Here we are discussing the most Popular and Best Auto Ancillary Stocks that are listed in Indian stock market.
Top Listed Auto Ancillary Stocks in India
|Sr. No.||Stock Name||Market Cap||Cap Type|
|1.||Motherson Sumi||69,048 cr||Large Cap|
|2.||Bosch Ltd||40,777 cr||Mid Cap|
|3.||Bharat Forge Ltd||33,962 cr||Mid Cap|
|4.||Sona BLW||29,902 cr||Mid Cap|
|5.||Endurance Technology||23,591 cr||Mid Cap|
|6.||Schaeffler India Ltd||22,425 cr||Mid Cap|
|7.||WABCO India||13,337 cr||Small Cap|
|8.||Mahindra CIE||8,475 cr||Small Cap|
|9.||Sundaram-Clayto||7,396 cr||Small Cap|
|10.||Suprajit Eng||4,460 cr||Small Cap|
|11.||Minda Corp||2,862 cr||Small Cap|
|12.||Sharda Motor||1,932 cr||Small Cap|
1. Motherson Sumi
Motherson Sumi Systems Limited is a system solutions provider to automotive and other industries, offering services from design and prototyping to production and delivery of solutions across a range of products. It is Large Cap Company and one of the best Auto Ancillaries Company in India. The revenue of the company is 69,048 cr with very low investment risk.
2. Bosch Limited
Bosch Limited operates in the manufacturing and trading of automotive products. It is Midcap Stock With a market cap of 40,777 cr. Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology.
3. Bharat Forge Ltd
Bharat Forge Limited is engaged in the business of steel forgings, finished machined crankshafts, and front axles assembly and components. The Company’s segments include Forgings and Projects (Capital goods). The annual revenue of the company is 33,962 cr and it is a Midcap company that is listed in Indian Stock market
4. Sona BLW
Sona BLW Precision Forgings is an India-based automotive technology company. The Company is engaged in designing, manufacturing and supplying engineered automotive systems and components. Sona BLW is a Midcap stock with a market cap of 29,902 cr.
5. Endurance Tech
Endurance Technologies Ltd manufactures aluminum casting (including alloy wheels), suspension, transmission and braking products with annual sale revenue of 23,591 cr from domestic operations. The company was founded in year 1985 and it is a Mid Cap company that is listed in Indian Stock Market with low risk.
6. Schaeffler India Ltd
Schaeffler India Limited is engaged in the sale of ball/roller bearings and related components and sale of machines. The stock is listed in both Indian exchanges BSE and NSE. The market cap of the company is 22,425 cr and it is a mid cap stock with very low investment risk
7. WABCO India
WABCO India Limited is engaged in manufacturing automotive components and related services. It is a small cap company but the risk of your investment is medium and the turnover of the company is 13,337 cr.
8. Mahindra CIE
Mahindra CIE Automotive Limited is an auto components supplier with presence in many technologies, which include forgings, castings, stampings, magnetic products and composites. The turnover of the company is 8,475 cr and it is small company that is listed on both NSE and BSE.
Sundaram-Clayton Limited is a holding company engaged in the manufacturing and distribution of aluminum alloy cast articles, including parts and components for motor vehicles. The market capitalization of the company is 7,396 cr and it is also a small cap company.
10. Suprajit Eng
Suprajit Engineering Limited is engaged in the business of manufacturing of auto components, including control cables, Speedo cables and other components for automobiles. Suprajit Engineering is a small cap stock with the market cap of 4,460 cr.
11. Minda Corp
Minda Corporation is an automotive component and flagship company. The market capitalization of the company is 2,862 cr and it is also small cap Auto Ancillary stock. It has a diversified product portfolio that encompasses Safety, Security and Restraint Systems; Driver Information and Telematics Systems, and Interior Systems for auto manufacturers.
12. Sharda Motor
Sharda Motor Industries Limited is engaged in the business of manufacturing and assembling of auto components and white goods components. It is a small cap company that is listed in Indian Stock exchange. The market capitalization of the stock is 1,932 cr