In this article, readers get introduced to 10 best Auto Stocks to buy at present for earning the right amount of profit.
The automobile sector in India is thriving and today serves a large number of customers who prefer native products.
Their share prices are increasing steadily, and investors are keen to invest in them. One gets a large number of options of Automobile Shares to buy, and these stocks yield assured returns.
Top 10 Auto Stocks to Buy in India – List of Best Auto Shares to Buy
This article presents the names of the Best Auto Stocks to Buy in India that are doing great in the stock market.
These names are arranged in the order of their popularity and market capitalization to help investors in choosing the most suitable one.
The automobile industry is contributing a lot of business to the financial system of the nation.
Currently, this sector is drawing a massive amount of investment from both national and international fronts. Thus, investing these shares will prove very helpful in expanding wealth.
The names of the Top 10 Automobile Shares go here: Maruti Suzuki, Bajaj Auto, M&M, Eicher Motors, Hero MotoCorp, Tata Motors, TVS Motor, Ashok Leyland, Escorts, and finally HMT Ltd.
These companies are not only achieving milestones in India but have expanded their businesses in the global market also.
Readers will find below in this article some essential details about these shares that will help them in making better investment decisions.
Maruti Suzuki India Ltd. – Best Auto Shares to buy in India
The joint venture of Maruti and Suzuki, Maruti Suzuki India Ltd. occupies the most considerable portion in the automobile business today. It sells the highest amount of cars every year, and this is boosting its market value immensely.
This share is the Best Auto Shares to buy at present as its performance has been exceptional in the past few years.
The net worth of the company is Rs. 217774.05 crores which are massive. Its 52 weeks low-high ratio is very inspiring as the lower value was 4001.10 while, the higher was 7758.70.
Investors are paid a dividend of 0.83% on their holdings. Maruti Suzuki India Ltd. shares are the best for those who can afford to invest a higher amount of money.
Bajaj Auto Ltd. – Top Automobile Stocks to buy in India
The second name among the 10 Best Automobile Stocks to buy is of Bajaj Auto Ltd. This company is a part of India’s production and has been serving relentlessly for more than six decades.
The market capitalization of this automobile company is Rs. 83864.35 crores, and the figure is increasing steadily with time.
This share yields a very high percentage of dividends which is 4.14%, and investors get their share according to the stocks they hold.
The 52 weeks low of Bajaj Auto Ltd. share was 1788.65 whereas the 52 weeks high was almost twice, that is 3315.15.
A large number of shares of the company are traded daily, and investors can make huge profits from them.
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Mahindra & Mahindra Ltd. – Most Traded Auto Shares in India
Mahindra & Mahindra Ltd. is the third automobile company to appear on this list of the 10 Most Traded Auto Shares in India. It was incorporated in 1945 and one of the highest revenue earners in the country.
The market capitalization of the company is Rs. 75890.69 crores, and its robust profile expansion will increase its worth many-fold times in the future.
Mahindra & Mahindra Ltd. shares have overcome its 52 weeks low efficiently and have achieved a good position in the market.
Its 52 weeks low was 240.40 while the 52 weeks high was recorded as 656, which is quite impressive. This share yields a dividend of 0.38% that is a bonus earning for investors.
Eicher Motors Ltd. – Top 10 Automobile Stocks to buy
It was established in 1948, Eicher Motors Ltd. shares hold the fourth position in the list of the Top 10 Automobile Stocks to buy in India.
The company has numerous subsidiaries that contribute to the considerable turnover it makes every year.
Its net market worth is Rs. 59878.17 crores, and the risk of investing in this share is relatively low.
The 52 weeks low-high ratio shows that the lowest value touched was 1245.01, whereas the highest value acquired was 2387.25.
Shareholders get a dividend of 0.57% on their investments that increase their profits to some extent.
Hero MotoCorp Ltd. – Best Auto Shares in India
India’s leading two-wheeler selling company, Hero MotoCorp Ltd. is the fifth name among the 10 Best Auto Shares to buy.
The market capitalization of the company is Rs. 57128.93 crores, and it has sold more than 75 million two-wheelers until this date.
This share is a favourite of a large number of investors as it involves less market risk in comparison to many others in its category.
The 52 weeks low of the share was 1475 while the 52 weeks low was 3181.35, which is more than twice the lower value.
Hero MotoCorp shares yield an excellent dividend which is 3.15%, and investors get their portion as per their holdings.
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Tata Motors Ltd. – Top Automobile Shares to buy in India
Tata Motors Ltd. is one of the largest Indian car manufacturers and has spread its wings in the international market also. Currently, this share holds the 6th rank among the Top Automobile Shares to buy in this country.
Its 52 weeks low was 63.50, whereas the 52 weeks high was 201.70, which shows the giant leap the share has taken in the past one year. The net worth of Tata Motors Ltd. is Rs. 46149.27 crores.
It has partnered with some of the big names in the world and is expanding its product list steadily.
The company has launched numerous new products in the last few years that have reshaped its market value to a great extent.
TVS Motor Company Ltd. – Best Auto Shares to Buy
The seventh name among the 10 Best Auto Shares to Buy in India is of TVS Motor Company Ltd. It is the third-largest motorcycle company in this country and has a huge turnover every year.
At present, the market worth of TVS Motor Company is Rs. 20922.94 crores which is one of the highest among the two-wheeler manufacturers.
This share has come out of its 52 weeks low efficiently and has caught up with the momentum. Its 52 weeks down was 240.10 while the 52 weeks high was recorded as 504.
Shareholders earn a dividend of 0.79% from the company by investing in these shares.
Ashok Leyland Ltd. – Best Automobile Stocks to buy
Ashok Leyland Ltd. is the 10th largest truck manufacturer in the world, and its share is one of the Best Automobile Stocks in India.
The company was established in 1948 and currently has a market worth of Rs. 20416.59 crores.
Investors earn a high amount of return on investing in this share, and the market risks are relatively low. This share has managed to come up from its 52 weeks low with a power-packed performance.
The 52 weeks low was 33.70, whereas the 52 weeks high was 87.50. Ashok Leyland Ltd. shares yield a dividend of 0.72%.
Escorts Ltd. – Top Auto Stocks to buy in India
The ninth rank holder in the list of the Top Auto Stocks in India is Escorts Ltd. It is an automobile company with the market capitalization of Rs. 15348.22 crores, and its shares are doing great in the stock market.
The 52 weeks low-high ratio will give a clear image of how investing in this is highly profitable.
An Escorts Ltd. share had 52 weeks low of 460, and they bounced back to the highest value of 1235.85, which is commendable.
Investors get to earn a dividend of 0.22% from this share which is an added earning besides the returns generated.
HMT Ltd. – Automobile Stocks to buy
HMT Ltd. share is the tenth-best share among the top 10 Automobile Stocks to buy in this nation.
The company was established in 1953 and has made a permanent place in the Indian stock market with its enhancing performance.
HMT Ltd. has several subsidiaries, and the total market worth is Rs. 2101.14 crores. This share has a lower price but returns assured profits on investment. The 52 weeks low was 7.40, whereas the 52 weeks high was 20.25, which is almost three times.
This share is the favourite of investors who are new in the business and have limited capital for investment.
They can buy these shares in bulk and wait for earning a high amount of profit in a short time.
Auto Stocks to Buy – Conclusion
This article has highlighted the names of the top 10 Automobile Stocks to buy in India.
It has provided valuable details about these shares that include their 52 weeks low and high, the amount of dividend shared, market capitalization, and others.
Readers should go through these details carefully and then make a wise decision on which Auto Shares to buy at present. It will ensure their investment is fruitful and good returns are guaranteed.
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