Top performing auto stocks of 2021
Auto stocks have been in the limelight as the Union Budget is around the corner. The announcement of the Scrappage policy is eagerly awaited by the automotive industry in India. The performance of Tata Motors has taken many by surprise with the beleaguered automakers' stock being up by more than 30 per cent on a YTD basis.
In general, the auto sector has performed well with as many as 20 stocks from the automobile sector gaining more than 20 per cent since the beginning of the year.
Following are the best-performing stocks from the auto & auto ancillaries' sector: -
|
Company Name
|
Market Cap (Rs crore)
|
Returns from January 1, 2021 to January 18,2021 (per cent)
|
|
Rama Steel Tubes Ltd
|
141.07
|
82.61
|
|
Jagan Lamps Ltd
|
23.44
|
47.19
|
|
Autolite (India) Ltd
|
40.87
|
46.49
|
|
Hindustan Composites Ltd
|
486.27
|
45.62
|
|
Automotive Stampings & Assemblies Ltd
|
61.4
|
44.4
|
|
Spectra Industries Ltd
|
1.73
|
43.53
|
|
Aanchal Ispat Ltd
|
15.29
|
42.33
|
|
Nitin Castings Ltd
|
36.76
|
40.61
|
|
Talbros Engineering Ltd
|
78.03
|
38.53
|