Top Automobile Stocks in India by Market Capitalization

India’s automotive industry is a global leader, ranking 3rd in the world. Discover the top automobile stocks driving this sector, shaping manufacturing, and fostering innovation. Data as of 5th December 2024. Source – NSE.

India’s Automotive Sector

With advancements in electric and autonomous vehicles, this sector is driving the future of mobility and economic growth. Data as of 5th December 2024. Source – NSE.

Mahindra & Mahindra (M&M)

Market cap: ₹3,80,874 Cr. Mahindra & Mahindra, based in Mumbai, is a leader in SUVs, tractors, and electric vehicles. It’s driving India's rural mobility and green technology. Data as of 5th December 2024. Source – NSE.

Maruti Suzuki

Market cap: ₹3,51,526 Cr. Based in Gurgaon, Maruti Suzuki is India’s largest passenger car manufacturer, known for iconic brands like Swift, Alto, and Brezza. Data as of 5th December 2024.  Source – NSE.

Tata Motors

Market cap: ₹2,91,737 Cr. Tata Motors, headquartered in Mumbai, produces diverse vehicles from Nexon EVs to Jaguar and Land Rover luxury cars. Data as of 5th December 2024. Source – NSE.

Bajaj Auto

Market cap: ₹2,48,627 Cr. Pune-based Bajaj Auto excels in motorcycles and three-wheelers, with a focus on exports and performance brands like Pulsar. Data as of 5th December 2024. Source – NSE.

Hyundai Motor India

Market cap: ₹1,52,575 Cr. South Korea-based Hyundai Motor offers innovative vehicles like Creta and Ionic EVs in India. Data as of 5th December 2024. Source – NSE.

Eicher Motors

Market cap: ₹1,32,653 Cr. Gurgaon-based Eicher Motors is known for Royal Enfield motorcycles and its commercial vehicle partnership with Volvo. Data as of 5th December 2024.  Source – NSE.

TVS Motor Company

Market cap: ₹1,19,454 Cr. TVS, headquartered in Chennai, is a leader in two-wheelers with brands like Jupiter and Apache. Data as of 5th December 2024.  Source – NSE.

Hero MotoCorp

Market cap: ₹92,710 Cr. Delhi-based Hero MotoCorp dominates in two-wheelers with popular bikes like Splendor and HF Deluxe. Data as of 5th December 2024. Source – NSE.

Ashok Leyland

Market cap: ₹68,257 Cr. Ashok Leyland, based in Chennai, specializes in commercial vehicles, including buses and trucks for diverse markets. Data as of 5th December 2024. Source – NSE.

Summary

India’s automobile sector is on an upward trajectory, leading globally in innovation and sustainability. For more such content visit www.bajajbroking.in Data as of 5th December 2024. Source – NSE.