Do you own these auto ancillary stocks that jumped up to 107 per cent on a YTD basis?

we checked how some of the auto ancillary stocks have performed on a year-to-date (YTD) basis.

The first half (H1) of the calendar year (CY) 2022 is done and dusted. India’s equity benchmarks have reported their second-worst drop since 2008 in the first half of the calendar year as volatility spiked on account of the ongoing geopolitical conflict, interest rates hikes to quell inflation, the surge in crude oil prices, and last but not the least factor, a fierce sell-off by the FIIs.  

However, the start to the second half of the year has been a buoyant one as Nifty has registered gains of over 2 per cent in the first week of the latter part of the year.    

Amidst all these, there is one sector that has been a sheer outperformer and that is the auto sector. Nifty Auto index climbed over 10 per cent on a YTD basis. Hence, we checked how some of the auto ancillary stocks have performed on a year-to-date (YTD) basis.   

There are about 50 stocks in the list of auto ancillary and out of these, here are the top five performers on a YTD basis: