Indian Automobiles Undervalued Small Caps

ZF Commercial Vehicle Control Systems India

Market Cap: ₹50.9b

Engages in supplying systems for automotive and industrial technology in India and internationally.

Fiem Industries

Market Cap: ₹59.9b

Manufactures and supplies automotive lighting and signaling equipment, rear view mirrors, prismatic mirror, plastic moulded parts, bank angle sensor, canister, and sheet metal components for motorized vehicles in India and internationally.