Auto stocks are one of the best performing sectors in India. The automobile sector is one of the fastest-growing sectors in India. You can find a wide range of vehicles available in India, including cars, bikes, scooters, and even tractors.
The auto industry is expected to grow over the next few years due to several factors, including rising disposable income, strong demand for cars and trucks, and increasing government focus on infrastructure development.
As the automobile industry grows at an exponential rate, there are a number of stocks that are making headlines. These stocks have been performing well in the last couple of years, and we expect them to continue to do so in 2023.
10 Best Automobile Sector Stocks to Buy Now In India in 2023
S.No. | Company Name | Industry |
1. | Automobile | |
2. | Tata Motors | Automobile |
3. | Mahindra and Mahindra | Automobile |
4. | Bajaj Auto | Automobile |
5. | Eicher Motors | Automobile |
6. | Motherson Sumi Sys | Automobile Ancillary |
7. | Hero MotoCorp | Automobile |
8. | Balkrishna Industries | Automobile – Tyres |
9. | Bosch | Automobile Ancillary |
| 10. | Automobile |