Indian Automobiles Top Dividend Payers

Munjal Showa

Market Cap: ₹5.4b

Manufactures and sells auto components for the two-wheeler and four-wheeler industry primarily in India and internationally.

Hero MotoCorp

Market Cap: ₹999.0b

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

Sharda Motor Industries

Market Cap: ₹51.1b

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

Rane Holdings

Market Cap: ₹24.7b

Manufactures and markets automotive components for the transportation industry in India and internationally.

Goodyear India

Market Cap: ₹18.3b

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

SKF India

Market Cap: ₹78.2b

Engages in the provision of bearings, engineering services, and rotating equipment solutions in India and internationally.

Banco Products (India)

Market Cap: ₹97.3b

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