Indian Automobiles Strong Balance Sheet Stocks

Ola Electric Mobility

Market Cap: ₹218.6b

Designs, manufactures, and sells electric vehicles in India.

Shriram Pistons & Rings

Market Cap: ₹81.9b

Manufactures and sells automotive components in India.

Maruti Suzuki India

Market Cap: ₹3.7t

Engages in the manufacture, purchase, and sale of motor vehicles, components, and spare parts primarily in India.

Bajaj Auto

Market Cap: ₹2.3t

Engages in the development, manufacture, and distribution of automobiles in India and internationally.

SM Auto Stamping

Market Cap: ₹492.4m

Manufactures and sells precision sheet metal stamping and deep drawn components for automobile and engineering sectors in India.

Hi-Tech Gears

Market Cap: ₹11.1b

Manufactures and sells auto components to automobile manufacturers and Tier 1 and 2 suppliers in India, the United States, and internationally.

Viaz Tyres

Market Cap: ₹744.2m

Manufactures and sells tubes and tyres in India.

Hyundai Motor India

Market Cap: ₹1.3t

Manufactures and sells four-wheeler passenger vehicles and parts in India and internationally.

Talbros Engineering

Market Cap: ₹2.9b

Manufactures and sells rear axle shafts for automobile companies in India.

Sansera Engineering

Market Cap: ₹68.4b

Engages in the manufacture and sale of precision engineered components for automotive and non-automotive sectors in India, Europe, the United States, and internationally.

Suprajit Engineering

Market Cap: ₹54.4b

Manufactures and sells automotive cables, halogen lamps, speedometers, and other automotive components in India, the United States, the United Kingdom, Germany, and Luxembourg.

Goodyear India

Market Cap: ₹20.4b

Manufactures and sells tyres, tubes, and flaps under the Goodyear brand in India and internationally.

Delta Autocorp

Market Cap: ₹1.1b

Manufactures and sells two-wheeler and three-wheeler electric vehicles under the Deltic brand in India.

Duncan Engineering

Market Cap: ₹1.7b

Manufactures, assembles, and trades in fluid power and automation products in India and internationally.

Gabriel India

Market Cap: ₹80.6b

Manufactures and sells of ride control products to the automotive industry in India, the Netherlands, and internationally.

Lumax Auto Technologies

Market Cap: ₹36.5b

Manufactures and sells in automotive components in India.

India Nippon Electricals

Market Cap: ₹13.7b

Provides electronic ignition systems for automotive industry in India and internationally.

Exide Industries

Market Cap: ₹321.0b

Designs, manufactures, markets, and sells lead acid storage batteries in India and internationally.

Sharda Motor Industries

Market Cap: ₹48.3b

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

Kinetic Engineering

Market Cap: ₹4.0b

Manufactures and supplies automotive components in India and internationally.

Banco Products (India)

Market Cap: ₹54.9b

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

ZF Commercial Vehicle Control Systems India

Market Cap: ₹238.7b

Provides automotive products in India and internationally.

Menon Pistons

Market Cap: ₹2.8b

Manufactures and sells auto components in India.

Rane Brake Lining

Market Cap: ₹5.8b

Manufactures and markets auto components to original equipment manufacturers and aftermarket customers in India and internationally.

NDR Auto Components

Market Cap: ₹15.8b

Engages in manufacturing, fabricating, assembling, selling, and trading of automotive components for passenger cars and utility vehicles primarily in India.

Dolfin Rubbers

Market Cap: ₹2.0b

Manufactures and sells auto tubes and tyres in India.

Federal-Mogul Goetze (India)

Market Cap: ₹19.0b

Engages in the manufacture, supply, and distribution of automotive components for two/three/four-wheeler automobiles in India and internationally.

Balkrishna Industries

Market Cap: ₹498.4b

Manufactures and sells tires in India, Europe, North America, and internationally.

Motherson Sumi Wiring India

Market Cap: ₹247.2b

Manufactures and sells components to automotive original equipment manufacturers in India and internationally.

S.J.S. Enterprises

Market Cap: ₹29.6b

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

Sal Automotive

Market Cap: ₹1.3b

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

Tolins Tyres

Market Cap: ₹5.0b

Manufactures and sells new tires and tread rubber in India.

Steel Strips Wheels

Market Cap: ₹32.2b

Engages in the design, manufacture, and sale of automotive wheel rims and other auto components in India and internationally.

Mandeep Auto Industries

Market Cap: ₹294.1m

Engages in the manufacture and supply of sheet metal components, auto parts, and various sprocket gears and machined components in India.

Tata Motors

Market Cap: ₹2.5t

Designs, develops, manufactures, and sells various automotive vehicles.

Forge Auto International

Market Cap: ₹869.8m

An engineering company, engages in the forging, manufacturing, and sale of forged and precision machined components in India.