The auto sector in India is witnessing strong growth, led by market leaders offering innovative products and commanding significant market share. These stocks are currently trading at attractive discounts, making them compelling investments for investors seeking exposure to the rapidly evolving automotive market.
1. Tata Motors Ltd
Tata Motors, a key player in the global automotive industry, was founded in 1945 and is headquartered in Mumbai, Maharashtra. Part of the Tata Group, it is a leading automobile manufacturer in India, employing around 91,496 people across multiple automotive segments. Tata Motors operates in passenger vehicles, commercial vehicles, and defence solutions. Its popular models, like the Tata Nexon, Tata Harrier, and Tata Punch, emphasise innovative design and advanced features.
The company also leads India’s commercial vehicle market and provides mobility solutions for the armed forces. Tata Motors is committed to sustainability, electric mobility and innovation across 175 countries.
Tata Motors Limited’s revenue from operations has increased by 26.5 percent from Rs. 3,45,967 crore in FY23 to Rs. 4,37,928 crore in FY24. The company’s net profit has increased from Rs. 2,690 crore in FY23 to Rs. 31,807 crore in FY24, which has grown by 1082 percent.
Tata Motors Ltd. has declined from its 52-week high of ₹1,179 to the current level of ₹812.90, offering a 45% discount. The company’s market capitalisation stands at 3,01,841 crores.
2. Maruti Suzuki India Ltd
Maruti Suzuki India Ltd, founded on February 24, 1981, is India’s largest passenger car manufacturer, headquartered in New Delhi. The company commands over 50% of the domestic car market, showcasing strong brand presence and customer loyalty. Maruti Suzuki employs approximately 45,000 people nationwide and operates two major manufacturing facilities in Gurugram and Manesar, Haryana, with a combined production capacity of 1.5 million vehicles annually.
Its wide vehicle range spans entry-level hatchbacks like the Alto and Swift to premium models like the Ciaz and Vitara Brezza. With ongoing innovations, Maruti Suzuki plans to launch electric vehicles by 2025, reinforcing its market leadership.
Maruti Suzuki Limited’s revenue from operations has increased by 14.68 percent from Rs. 1,21,269 crore in FY23 to Rs. 1,39,078 crore in FY24. The company’s net profit has increased from Rs. 11,374 crore in FY23 to Rs. 12,270 crore in FY24, which has grown by 7.87 percent.
Maruti Suzuki has declined from its 52-week high of ₹13,680 to the current level of ₹11,432.40, offering a 19.6% discount. The company’s market capitalisation stands at 3,60,217 crores.
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3. Hero MotoCorp
Hero MotoCorp Ltd, founded in 1984 and based in New Delhi, is the world’s largest manufacturer of motorcycles and scooters by unit volume. The company employs around 9,173 people and holds a dominant 46% market share in India’s two-wheeler segment. Hero MotoCorp operates eight manufacturing facilities, including five in India and plants in Colombia and Bangladesh, with a total annual capacity of 9 million units.
Its product lineup features best-selling models like Hero Splendor, Glamour, Destini 125, and Maestro Edge. With a focus on innovation, Hero MotoCorp has entered the electric vehicle space with its VIDA brand, reinforcing its commitment to sustainability.
Hero MotoCorp Limited’s revenue from operations has increased by 10.6 percent from Rs. 34,158 crore in FY23 to Rs. 37,789 crore in FY24. The company’s net profit has increased from Rs. 2,800 crore in FY23 to Rs. 3,742 crore in FY24, which has grown by 33.6 percent.
Hero MotoCorp has declined from its 52-week high of ₹6,246 to the current level of ₹4,780, offering a 30.6% discount. The company’s market capitalisation stands at 95,471 crores.
4. Mahindra & Mahindra Ltd
Mahindra & Mahindra Ltd (M&M), established in 1945 and based in Mumbai, is a key company of the Mahindra Group, operating in diverse sectors such as automotive, agriculture, aerospace, defence, and financial services. Employing over 260,000 people and active in over 100 countries, M&M leads the Indian automotive market with popular SUVs like the Thar, Scorpio, and XUV series. It also dominates agriculture through Mahindra Tractors, the world’s largest tractor manufacturer by volume.
With a focus on innovation, the company is expanding its electric vehicle lineup, including models like the Pininfarina Battista, showcasing its commitment to sustainability.
Mahindra & Mahindra Limited’s revenue from operations has increased by 14.6 percent from Rs. 1,39,078 crore in FY23 to Rs. 1,21,269 crore in FY24. The company’s net profit has increased from Rs. 12,270 crore in FY23 to Rs. 11,374 crore in FY24, which has grown by 7.8 percent.
Mahindra & Mahindra has declined from its 52-week high of ₹3,222 to the current level of ₹3,002.5, offering a 7.3% discount. The company’s market capitalisation stands at 3,73,375 crores.
Written by: Fazal
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The auto sector in India is witnessing strong growth, led by market leaders offering innovative products and commanding significant market share. These stocks are currently trading at attractive discounts, making them compelling investments for investors seeking exposure to the rapidly evolving automotive market. 1. Tata Motors Ltd Tata Motors, a key player in the global
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