Indian Automobiles Undiscovered Gems With Strong Fundamentals

Saint-Gobain Sekurit India

Market Cap: ₹10.3b

Manufactures and sells laminated and tempered automotive glass in India.

IST

Market Cap: ₹10.1b

Engages in the manufacture and sale of auto components in India.

Studds Accessories

Market Cap: ₹21.6b

Designs, manufactures, markets, and sells helmets.

Azad India Mobility

Market Cap: ₹9.0b

Together with its subsidiary, NAE Mobility Private Limited, manufactures, assembles, and trades in electric buses and coaches in India.

Atul Auto

Market Cap: ₹13.6b

Manufactures and sells three-wheeler automobiles in India.

India Nippon Electricals

Market Cap: ₹21.9b

Manufactures and sells electronic ignition systems for the automotive industry in India and internationally.

Kinetic Engineering

Market Cap: ₹9.5b

Manufactures and supplies automotive components in India and internationally.

Sharda Motor Industries

Market Cap: ₹67.4b

Manufactures, assembles, trades in, and sells auto components to automobiles and electronics original equipment manufacturers in India.

Rane (Madras)

Market Cap: ₹22.6b

Engages in the manufacture and marketing of auto components for transportation industry in India and internationally.

Precision Camshafts

Market Cap: ₹17.0b

Engages in the manufacture and sale of castings and machined camshafts for the automobile industry in India, Asia, Europe, and internationally.

Banco Products (India)

Market Cap: ₹115.8b

Engages in the manufacture and sale of heat exchangers/cooling systems in India and internationally.

Bharat Seats

Market Cap: ₹11.8b

Manufactures and sells seating systems and interior components for the automotive and surface transport industries in India.

Federal-Mogul Goetze (India)

Market Cap: ₹28.8b

Manufactures, supply, and distributes automotive components for two/three/four-wheeler automobiles in India and internationally.

NDR Auto Components

Market Cap: ₹21.8b

Manufactures, fabricates, assembles, sells, and trades in automotive components for passenger cars and utility vehicles in India.

Pricol

Market Cap: ₹71.8b

Manufactures and sells instrument clusters and other allied automobile components to original equipment manufacturers and replacement markets in India and internationally.

Shriram Pistons & Rings

Market Cap: ₹119.4b

Manufactures and sells automotive components in India.

Belrise Industries

Market Cap: ₹134.4b

Manufactures and sells automotive parts and components of two-wheeler, three-wheeler and four-wheeler passenger and commercial vehicles in India.

GRP

Market Cap: ₹10.6b

Manufactures and sells reclaimed rubber products for tyre and non-tyre rubber goods in India and internationally.

G N A Axles

Market Cap: ₹13.4b

Manufactures and sells automotive transmission components for the four-wheeler industry in North America, South America, Europe, Asia, and Australia.

Automotive Axles

Market Cap: ₹25.6b

Manufactures and sells automotive components in India.

Fiem Industries

Market Cap: ₹56.1b

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.

Subros

Market Cap: ₹58.6b

Engages in the manufacture and sale of thermal products for automotive applications in India.

S.J.S. Enterprises

Market Cap: ₹55.4b

Designs, develops, manufactures, sells, and exports decorative aesthetics primarily to automotive and consumer appliance industries in India and internationally.