DSIJ Mindshare

These Automobile Sector stocks zoomed over 63 per cent in just a month; do you have any?
Kiran Shroff
/ Categories: Trending, Mindshare

These Automobile Sector stocks zoomed over 63 per cent in just a month; do you have any?

The BSE Auto Index is up by 0.84 per cent in 1 day and over 6 per cent in just 1 month.

On Friday, the indices ended the day in the green. BSE Sensex Index was up by 0.76 per cent at 61,112. BSE Mid-Cap Index is up by 1.32 per cent and BSE Small-Cap Index is up by 0.91 per cent. The BSE Auto Index is up by 0.84 per cent in 1 day and over 6 per cent in just 1 month.

The Indian automobile industry has historically been a good indicator of how well the economy is doing, as the automobile sector plays a key role in both macroeconomic expansion and technological advancement. The electric vehicle (EV) market is estimated to reach Rs 50,000 crore (USD 7.09 billion) in India by 2025.  

In the past month, several automobile companies have given good returns to investors, with many of them specializing in forgings and castings. This trend suggests that these companies are well-positioned to benefit from the growth in the automobile sector, as they provide essential components that are necessary for vehicle manufacturing. 

Following are the Automobile Sector stocks that zoomed over 63 per cent in just 1 month:  

Company Name 

LTP (Rs) 

1 Month Returns (%) 

Metalyst Forgings Ltd 

4.14 

63.64 

Carnation Industries Ltd 

5.82 

49.23 

Benara Bearings and Pistons Ltd 

16.35 

48.37 

Mercury Ev-Tech Ltd 

20.37 

43.65 

National Fittings Ltd 

86.46 

42.67 

Rasandik Engineering Industries India Ltd 

82.45 

41.21 

Hilton Metal Forging Ltd 

148.05 

40.27 

Precision Camshafts Ltd 

138.68 

38.57 

Nitin Castings Ltd 

304.15 

27.77 

Galaxy Bearings Ltd 

1169.25 

27.58 

Do you have any of these stocks in your portfolio? 

Previous Article May's Hidden Gems: Discover the Top 3 Small-Cap Stocks for May!
Next Article Watch out for these Agriculture Sector stocks that have risen over 58 per cent in just 1 month; do you own any?
Print
2470 Rate this article:
4.3

1 comments on article "These Automobile Sector stocks zoomed over 63 per cent in just a month; do you have any?"

Avatar image

Pradip Kumar ghosal

Very good

Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR