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Mid Cap Auto Parts English

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Mid Cap Auto Parts Stocks

The below table shows Mid Cap Auto Parts Stocks based on the Highest Market Capitalization.

NameMarket Cap (Cr)Close Price (rs)
CIE Automotive India Ltd19030.71501.65
Asahi India Glass Ltd14772.58607.70
Minda Corporation Ltd10019.44425.85
Shriram Pistons & Rings Ltd8809.521999.90
Varroc Engineering Ltd8685.14568.45
ASK Automotive Ltd6287.86318.95
IFB Industries Ltd5940.261466.05
Dynamatic Technologies Ltd5846.998609.35

Content:

What are Mid Cap Auto Parts Stocks?

Mid-cap auto parts stocks are companies in the automotive sector with market capitalizations between ₹5,000 crores and ₹20,000 crores. These companies are typically well-established, show steady growth, and play significant roles in the supply chain of automotive components.

Mid-cap auto parts stocks strike a balance between the growth potential of small caps and the stability of large caps. They often have more resources and market presence than smaller companies, making them attractive for investors seeking growth with moderate risk.

These companies can benefit from industry trends such as increased vehicle production, technological advancements, and a shift towards electric and hybrid vehicles. Investing in mid-cap auto parts stocks provides exposure to the evolving automotive industry while offering the potential for significant returns.

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Best Mid Cap Auto Parts Stocks

The table below shows the Best Mid Cap Auto Parts Stocks based on 1 Year Return.

NameClose Price (rs)1Y Return (%)
Shriram Pistons & Rings Ltd1999.90159.97
Dynamatic Technologies Ltd8609.35155.39
Varroc Engineering Ltd568.4583.71
IFB Industries Ltd1466.0577.24
Minda Corporation Ltd425.8558.40
Asahi India Glass Ltd607.7030.00
CIE Automotive India Ltd501.6511.78
ASK Automotive Ltd318.952.85

Top Mid Cap Auto Parts Stocks

The table below shows the Top Mid Cap Auto Parts Stocks based on 1-Month Return.

NameClose Price (rs)1M Return (%)
Varroc Engineering Ltd568.456.27
Minda Corporation Ltd425.852.89
Asahi India Glass Ltd607.702.82
CIE Automotive India Ltd501.651.98
Dynamatic Technologies Ltd8609.351.26
IFB Industries Ltd1466.050.79
ASK Automotive Ltd318.95-1.30
Shriram Pistons & Rings Ltd1999.90-5.30

List Of Best Mid Cap Auto Parts Stocks

The table below shows the List Of Best Mid Cap Auto Parts Stocks based on the highest day Volume.

NameClose Price (rs)Daily Volume (Shares)
Varroc Engineering Ltd568.45637248.00
CIE Automotive India Ltd501.65609879.00
ASK Automotive Ltd318.95554299.00
Minda Corporation Ltd425.85333309.00
Shriram Pistons & Rings Ltd1999.90299010.00
Asahi India Glass Ltd607.7068765.00
IFB Industries Ltd1466.0555764.00
Dynamatic Technologies Ltd8609.3510252.00

Best Mid Cap Auto Parts Stocks

The table below shows the Best Mid Cap Auto Parts Stocks based on the PE Ratio.

NameClose Price (rs)PE Ratio (%)
Varroc Engineering Ltd568.4517.14
CIE Automotive India Ltd501.6525.42
ASK Automotive Ltd318.9551.14
Minda Corporation Ltd425.8544.03
Shriram Pistons & Rings Ltd1999.9020.12
Asahi India Glass Ltd607.7045.44
IFB Industries Ltd1466.05112.65
Dynamatic Technologies Ltd8609.3569.11

Who Should Invest In Mid Cap Auto Parts Stocks?

Mid-cap auto parts stocks are ideal for investors seeking a balance between growth and stability. These stocks offer the potential for significant returns with moderate risk, making them suitable for those looking to diversify their portfolio with established yet growing companies in the automotive sector.

Investors who have a moderate risk tolerance and a long-term investment horizon may find mid-cap auto parts stocks appealing. These companies are typically well-established with growth potential, providing a stable investment option compared to smaller, more volatile stocks.

Additionally, those interested in capitalizing on trends in the automotive industry, such as increased vehicle production and advancements in technology, can benefit from investing in mid-cap auto parts stocks. These investments offer exposure to the evolving automotive market while maintaining a level of financial security.

How To Invest In The Mid Cap Auto Parts Stocks?

To invest in mid-cap auto parts stocks, open a trading account with Alice Blue. Research and select promising mid-cap auto parts companies, then use the trading platform to purchase shares. Monitor your investments regularly to adjust your portfolio as needed.

First, create an account on Alice Blue’s platform and complete the necessary KYC (Know Your Customer) procedures. Fund your account by linking your bank account to transfer the required investment amount. This step ensures you’re ready to start trading.

Next, research mid-cap auto parts stocks by analyzing their market performance, financial health, and industry trends. Use Alice Blue’s research tools and resources to make informed decisions. Once you’ve selected stocks, place your buy orders through the platform, specifying the quantity and price.

Performance Metrics Of Mid Cap Auto Parts Stocks

Performance metrics of mid-cap auto parts stocks include revenue growth, profit margins, return on equity (ROE), and earnings per share (EPS). These indicators help investors assess the financial health and growth potential of companies, guiding investment decisions in the automotive sector.

Revenue growth measures the increase in a company’s sales over time, indicating its ability to expand its market presence. Consistent revenue growth suggests a strong demand for products, which is crucial for mid-cap auto parts companies aiming for stability and expansion.

Profit margins, including gross and net margins, show how efficiently a company converts sales into profits. Higher margins reflect better cost management and pricing strategies. Return on equity (ROE) and earnings per share (EPS) further highlight a company’s profitability and financial performance, essential for evaluating investment potential.

Benefits Of Investing In Mid Cap Auto Parts Stocks

The main benefits of investing in mid-cap auto parts stocks include a balance between growth potential and stability, exposure to the evolving automotive industry, and moderate risk. These stocks offer substantial returns with less volatility than small caps, making them suitable for diversified portfolios.

  • Growth Potential with Stability: Mid-cap auto parts stocks offer significant growth potential while maintaining stability. These companies are well-established, providing a safer investment compared to small caps. Investors can benefit from steady growth as these companies continue to expand and capitalize on industry trends.
  • Exposure to Automotive Innovation: Investing in mid-cap auto parts stocks provides exposure to innovations in the automotive industry. These companies often engage in advanced technologies and developments, such as electric and hybrid vehicles, giving investors a chance to profit from the sector’s evolution and technological advancements.
  • Moderate Risk Profile: Mid-cap stocks carry moderate risk, balancing the high risk of small caps and the lower risk of large caps. This makes them an attractive option for investors seeking substantial returns without the extreme volatility associated with smaller companies, offering a more stable investment experience.
  • Portfolio Diversification: Including mid-cap auto parts stocks in a portfolio enhances diversification. These stocks add a mix of growth and stability, reducing overall portfolio risk. Diversified portfolios are better equipped to withstand market fluctuations and provide more consistent returns over time.

Challenges Of Investing In Mid Cap Auto Parts Stocks

The main challenges of investing in mid-cap auto parts stocks include higher volatility compared to large caps, limited financial resources for expansion, and susceptibility to economic downturns. These factors can impact stock performance and increase the risk for investors seeking stable returns.

  • Higher Volatility: Mid-cap auto parts stocks tend to be more volatile than large caps. Their stock prices can fluctuate significantly due to market conditions, company performance, or industry trends. This increased volatility can lead to higher investment risk, requiring investors to closely monitor their holdings.
  • Limited Financial Resources: Mid-cap companies often have fewer financial resources compared to their larger counterparts. This limitation can restrict their ability to invest in new projects, research, and development or expand operations. Consequently, their growth potential might be hampered, affecting long-term investment returns.
  • Economic Sensitivity: Mid-cap auto parts stocks are more susceptible to economic downturns and industry-specific challenges. Economic recessions, supply chain disruptions, or changes in consumer demand can significantly impact their performance. Investors need to be aware of these vulnerabilities and consider them when making investment decisions.
  • Less Market Coverage: Mid-cap stocks often receive less coverage from analysts and financial media compared to large caps. This lack of visibility can result in limited information and analysis, making it harder for investors to make informed decisions. Due diligence is crucial for evaluating these investments.

Introduction to Mid Cap Auto Parts Stocks

CIE Automotive India Ltd

The Market Cap of CIE Automotive India Ltd is ₹19,030.71 crores. It has a monthly return of 11.78% and an annual return of 1.98%. The stock is currently 15.57% below its 52-week high.

CIE Automotive India Limited, previously known as Mahindra CIE Automotive Limited, is a prominent supplier of diverse automotive components in India, operating across multiple technologies. These technologies encompass forgings, castings, stampings, magnetic products, gears, and composites, primarily catering to the automotive sector which includes cars, utility vehicles, commercial vehicles, and tractors.

The company’s vast range of products includes crankshafts, stub axles, and other forged and machined parts through its forging business; sheet metal stampings and assemblies from its stamping business; and turbocharger housings and other critical parts from its castings business. Its aluminum casting business specializes in both high-pressure and gravity die casting, focusing on intricate engine components and brake system parts. CIE Automotive boasts a robust manufacturing network with over 29 facilities, including locations in Europe and Mexico.

Asahi India Glass Ltd

The Market Cap of Asahi India Glass Ltd is ₹14,772.58 crores. It has achieved a monthly return of 30.00% and an annual return of 2.82%. The stock is currently 8.61% below its 52-week high.

Asahi India Glass Ltd (AIS) is India’s premier integrated glass and windows solutions provider, with a significant presence in the automotive and building & construction sectors. Their products span across various applications, including automotive, building, and consumer glass.

Their solutions are crafted to offer both aesthetic appeal and functional benefits, meeting the diverse needs of each segment. AIS excels in delivering high-quality glass products that enhance the visual and practical aspects of automotive and architectural spaces.

Minda Corporation Ltd

The Market Cap of Minda Corporation Ltd is ₹10,019.44 crores. It has recorded a monthly return of 58.40% and an annual return of 2.89%. The stock is currently 5.66% below its 52-week high.

Minda Corporation Limited is an India-based enterprise specializing in the production of automotive components. It focuses primarily on manufacturing and assembling safety and security systems along with their components for the automotive sector. The company boasts a diverse product lineup encompassing mechatronics and vehicle access systems, wiring harnesses, and interior plastics division.

Their offerings extend to advanced technologies and aftermarket parts. The mechatronics segment includes products like ignition switch cum steering locks, keyless entry systems, and immobilizer-fuel tank caps, among others. In the aftermarket, Minda Corporation offers helmets, wiper blades, and lubricants, catering to auto OEMs across various vehicle segments such as two-wheelers, passenger vehicles, and commercial vehicles.

Shriram Pistons & Rings Ltd

The Market Cap of Shriram Pistons & Rings Ltd is ₹8,809.52 crores. It has a monthly return of 159.97% and an annual return of -5.30%. The stock is currently 10.31% below its 52-week high.

Shriram Pistons & Rings Limited is an India-based company engaged in the manufacturing of automotive components like pistons, piston pins, piston rings, and engine valves. The company serves both the domestic and international markets, primarily focusing on assembling automobile pistons. It operates within the automotive components sector.

The company boasts a diverse product portfolio that caters to original equipment manufacturers (OEMs), the aftermarket, and export markets across various vehicle segments including commercial vehicles, passenger vehicles, two/three-wheelers, and tractors. Its offerings include a variety of pistons and piston pins, featuring advanced technologies such as thin-walled designs, DLC coatings, and cooling gallery pistons. Additionally, its product line extends to cylinder liners, crankshafts, connecting rods, filters, and gaskets.

Varroc Engineering Ltd

The Market Cap of Varroc Engineering Ltd is ₹8,685.14 crores. It has a monthly return of 83.71% and an annual return of 6.27%. The stock is currently 11.18% below its 52-week high.

Varroc Engineering Limited is a prominent automotive component manufacturer based in India. The company specializes in designing, manufacturing, and supplying a broad range of products including exterior lighting systems, plastic and polymer components, electrical-electronics components, and precision metallic components. These products cater to a diverse clientele comprising OEMs in the passenger car, commercial vehicle, two-wheeler, three-wheeler, and off-highway vehicle sectors globally.

The company operates through two business segments: Automotive and Others. The Automotive segment focuses on automobile products for two-wheelers, three-wheelers, and four-wheelers, along with related design, development, engineering activities, and services. The Others segment deals with forging components for off-road vehicles and components for the mining and oil drilling industries. Subsidiaries under Varroc Engineering include Varroc Polymers Private Limited, Durovalves India Private Limited, Team Concepts Private Limited, CarIQ Technologies Private Limited, and Varroc European Holding B.V.

ASK Automotive Ltd

The Market Cap of ASK Automotive Ltd is ₹6,287.86 crores. It has a monthly return of 2.85% and an annual return of -1.30%. The stock is currently 4.89% below its 52-week high.

ASK Automotive Limited is an established Indian auto ancillary giant, recognized for its innovative Advanced Braking (AB) Systems tailored for the Indian automobile market. Since its inception in 1988 by visionary entrepreneur Mr. Kuldip Singh Rathee, the company has become the largest manufacturer of 2W Advanced Braking Systems in India, boasting about a 50% market share in sectors including brake shoes, disc brake pads, and brake panel assemblies.

Beyond braking systems, ASK Automotive stands as a key player in producing Aluminium Lightweighting Precision Solutions, catering to both automotive and non-automotive sectors. Their products, which range from die-casting to critical machining and paint shop services to critical assemblies, have carved a niche across Automobile OEMs. The company’s focus on powertrain agnostic products, especially in the EV domain, has positioned it uniquely in the industry.

IFB Industries Ltd

The Market Cap of IFB Industries Ltd is ₹5,940.26 crores. It has a monthly return of 77.24% and an annual return of 0.79%. The stock is currently 17.34% below its 52-week high.

IFB Industries Limited is a renowned engineering company based in India, specializing in the manufacture of diverse auto parts and accessories, alongside a broad range of home appliances. Their offerings include fine-blanked components, tools, and associated machinery like straighteners and decoilers. They are notable for their washing and dishwashing solutions, including front and top-loading washing machines, clothes dryers, and dishwashers.

Located in Kolkata and Bangalore, IFB’s engineering divisions produce kitchen appliances such as chimneys, hobs, and built-in ovens. Their product range extends to various accessories like covers, smart control systems for air conditioners, and stacking mount units. IFB serves a wide array of customers including hotels, restaurants, hospitals, and educational institutions, showcasing their versatility and commitment to quality.

Dynamatic Technologies Ltd

The Market Cap of Dynamatic Technologies Ltd is ₹5,846.99 crores. It has a monthly return of 155.39% and an annual return of 1.26%. The stock is currently 5.50% below its 52-week high.

Dynamatic Technologies Limited, based in India, specializes in manufacturing engineered products for aerospace, metallurgy, and hydraulic industries. The company produces hydraulic gear pumps and automotive turbochargers, along with precision flight critical and complex airframe structures for global aerospace OEMs and primes, including Airbus, Boeing, and Bell Helicopters.

The company not only serves major aerospace manufacturers but also caters to the private sector in India and the United Kingdom. It manufactures high-precision, complex metallurgical ferrous components critical for performance, such as turbochargers and exhaust manifolds. Dynamatic’s facilities are strategically located in India, the United Kingdom, and Germany, supporting advanced design and development for OEM needs.

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Best Mid Cap Auto Parts Stocks – FAQs

1. Which Are The Best Mid Cap Auto Parts Stocks?

Best Mid Cap Auto Parts Stocks #1: CIE Automotive India Ltd
Best Mid Cap Auto Parts Stocks #2: Asahi India Glass Ltd
Best Mid Cap Auto Parts Stocks #3: Minda Corporation Ltd
Best Mid Cap Auto Parts Stocks #4: Shriram Pistons & Rings Ltd
Best Mid Cap Auto Parts Stocks #5: Varroc Engineering Ltd

The Top Best Mid Cap Auto Parts Stocks based on market capitalization.

2. What Are The Top Mid Cap Auto Parts Stocks?

The top mid-cap auto parts stocks include CIE Automotive India Ltd, Asahi India Glass Ltd, Minda Corporation Ltd, Shriram Pistons & Rings Ltd, and Varroc Engineering Ltd. These companies are recognized for their robust market presence and specialize in manufacturing essential components for the automotive industry.

3. Can I Invest In Mid Cap Auto Parts Stocks?

Yes, you can invest in mid-cap auto parts stocks by opening a trading account with a broker like Alice Blue. Research and select promising mid-cap companies, considering their performance metrics and market potential. Investing in these stocks can provide growth opportunities and portfolio diversification with moderate risk.

4. Is It Good To Invest In Mid Cap Auto Parts Stocks?

Investing in mid-cap auto parts stocks can be a good decision for those seeking a balance between growth and stability. These stocks offer significant returns with moderate risk, exposure to automotive industry advancements, and potential for portfolio diversification, making them suitable for long-term investment strategies.

5. How To Invest In Mid Cap Auto Parts Stocks?

To invest in mid-cap auto parts stocks, open a trading account with a broker like Alice Blue. Research and select promising mid-cap auto parts companies, then use the broker’s platform to buy shares. Monitor your investments regularly and adjust your portfolio based on market performance and trends.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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