The automobile industry is quite cyclical, which implies that during a booming economy, automakers will be able to raise their volumes at a rapid rate, while during a depression, volumes will suffer. This is because, unlike critical charges, discretionary expenses are easier to remove from a consumer's budget during difficult circumstances. By 2026, the Indian automobile sector is predicted to be worth Rs 16.16-18.18 trillion (US$ 251.4-282.8 billion). After recovering from the ravages of the COVID-19 pandemic, the Indian auto sector is predicted to rise rapidly in 2021-22.
Here are three NSE auto stocks that have outperformed the market in the previous year, returning over 100% to investors.
Tata Motors
Tata Motors, part of the Tata Group, is an Indian multinational automotive manufacturing corporation located in Mumbai, Maharashtra. Passenger cars, trucks, vans, coaches, buses, sports cars, construction equipment, and military vehicles are all manufactured by the firm.
The stock gained 17.6 percent over three years, compared to 43.51 percent for the Nifty 100. t to investors. Over a three-year period, the stock returned 17.6 percent, while the Nifty Auto returned -6.03 percent to investors. The stock has returned 145 percent in the last 12 months. Since July 3, 2002, Tata Motors Ltd. has issued 15 dividends.
The passenger car market is up with a 25 percent MoM increase and 101 percent YoY growth, demonstrating that the company's footing in the domestic automobile segment has not eroded.
| TATA MOTORS LTD FUNDAMENTALS | |
|---|---|
| Parameter | Values |
| Market Cap (Rs. in Cr.) | 99376.81 |
| Earning Per Share (EPS TTM) (Rs.) | -4.59 |
| Price To Earnings (P/E) Ratio | 0.00 |
| Book Value Per Share (Rs.) | 45.30 |
| Price/Book (MRQ) | 6.61 |
| Price/Earning (TTM) | 44.06 |
| ROCE (%) | 0.11 |
Tube Investments
Tube Investments, founded in 2008, is a Consumer Durables-focused Mid Cap business with a market capitalization of Rs 24,382.19 crore. The stock returned 375.39 percent over three years, compared to 43.59 percent for the Nifty Midcap 100. The stock has returned 115 percent in the last 12 months.
Since February 22, 2018, Tube Investments of India Ltd. has declared 7 dividends.
Tube Investments of India Ltd. has issued an equity dividend of Rs 3.50 per share in the last 12 months. This translates to a dividend yield of 0.28 percent at the current share price of Rs 1251.95.
| TUBE INVESTMENTS OF INDIA LTD FUNDAMENTALS | |
|---|---|
| Parameter | Values |
| Market Cap (Rs. in Cr.) | 24061.67 |
| Earning Per Share (EPS TTM) (Rs.) | 14.16 |
| Price To Earnings (P/E) Ratio | 88.08 |
| Book Value Per Share (Rs.) | 90.59 |
| Price/Book (MRQ) | 13.77 |
| Price/Earnings (TTM) | 56.91 |
| ROCE (%) | 16.57 |
Ashok Leyland
Ashok Leyland is a Chennai-based Indian multinational automobile company. The Hinduja Group owns the property. It began as Ashok Motors in 1948 and changed its name to Ashok Leyland in 1955. Ashok Leyland gets a buy call from Motilal Oswal with a target price of Rs 155. Ashok Leyland Ltd. is currently trading at Rs 130.05.
When Ashok Leyland price reaches the defined target, the analyst estimates it will take one year. The stock has returned 104 percent in the last 12 months. Only 3.11 percent of trading sessions in the last 16 years had intraday drops of more than 5%. Since June 18, 2001, Ashok Leyland Ltd. has issued 20 dividends.
| ASHOK LEYLAND LTD FUNDAMENTALS | |
|---|---|
| Parameter | Values |
| Market Cap (Rs. in Cr.) | 37163.78 |
| Earning Per Share (EPS TTM) (Rs.) | -0.71 |
| Price To Earnings (P/E) Ratio | 0.00 |
| Book Value Per Share (Rs.) | 22.96 |
| Price/Book (MRQ) | 5.51 |
| Price/Earning (TTM) | 66.32 |
| ROCE (%) | -0.99 |
Disclaimer
The views and investment tips expressed by authors or employees of Greynium Information Technologies, should not be construed as investment advise to buy or sell stocks, gold, currency or other commodities. Investors should certainly not take any trading and investment decision based only on information discussed on GoodReturns.in
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