Indian Automobiles Strong Balance Sheet Stocks

Omax Autos

Market Cap: ₹3.2b

Manufactures and sells automotive components in India.

Hero MotoCorp

Market Cap: ₹997.1b

Primarily engages in the manufacture and sale of motorised two wheelers in India, Asia, Central and Latin America, Africa, and the Middle East.

Maruti Suzuki India

Market Cap: ₹4.4t

Manufactures, purchases, and sells motor vehicles, components, and spare parts in India.

Hyundai Motor India

Market Cap: ₹2.0t

Engages in the manufacture and sale of passenger vehicles and parts in India and internationally.

Sterling Tools

Market Cap: ₹11.6b

Manufactures and sells high tensile cold forged fasteners to original equipment manufacturers in India.

Shriram Pistons & Rings

Market Cap: ₹109.6b

Manufactures and sells automotive components in India.

Talbros Engineering

Market Cap: ₹2.9b

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

Goodyear India

Market Cap: ₹22.6b

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

Gabriel India

Market Cap: ₹164.7b

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

Duncan Engineering

Market Cap: ₹1.8b

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

Tube Investments of India

Market Cap: ₹590.4b

Engages in the manufacture and sale of precision engineered and metal formed products to automotive, railway, construction, agriculture, etc.

Bharat Forge

Market Cap: ₹566.7b

Engages in the manufacture and sale of forged and machined components in India and internationally.

Indag Rubber

Market Cap: ₹3.4b

Manufactures and sells precured tread rubber and allied products in India and internationally.

Suprajit Engineering

Market Cap: ₹61.6b

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

IST

Market Cap: ₹10.4b

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

Atul Auto

Market Cap: ₹12.2b

Manufactures and sells three-wheeler automobiles in India.

Kinetic Engineering

Market Cap: ₹10.3b

Manufactures and supplies automotive components in India and internationally.

Sharda Motor Industries

Market Cap: ₹59.6b

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

Remsons Industries

Market Cap: ₹4.5b

Manufactures and sells automotive components parts and related products in India and internationally.

Exide Industries

Market Cap: ₹319.6b

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

MRF

Market Cap: ₹612.9b

Engages in the manufacture and sale of rubber products in India and internationally.

Menon Pistons

Market Cap: ₹3.3b

Manufactures and sells auto components in India.

Banco Products (India)

Market Cap: ₹79.5b

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

ZF Commercial Vehicle Control Systems India

Market Cap: ₹264.4b

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

Rane Brake Lining

Market Cap: ₹5.8b

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

Igarashi Motors India

Market Cap: ₹16.0b

Manufactures and sells electric micro motors and motor components in India, the United States, Japan, Germany, Hong Kong, and internationally.

S.J.S. Enterprises

Market Cap: ₹38.1b

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

Federal-Mogul Goetze (India)

Market Cap: ₹29.1b

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

Motherson Sumi Wiring India

Market Cap: ₹261.7b

Engages in the manufacture and sale of components to automotive original equipment manufacturers in India and internationally.

Balkrishna Industries

Market Cap: ₹469.4b

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

ASK Automotive

Market Cap: ₹99.9b

Manufactures and sells auto components for the automobile industry in India.

Mandeep Auto Industries

Market Cap: ₹287.4m

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

Steel Strips Wheels

Market Cap: ₹33.0b

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

Samkrg Pistons and Rings

Market Cap: ₹1.3b

Manufactures and supplies automotive components in India.

Sal Automotive

Market Cap: ₹1.1b

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

Pavna Industries

Market Cap: ₹5.8b

Manufactures and sells automotive components in India and internationally.