Do you know these auto and auto ancillaries stocks more than doubled in 2021 alone?

Yogesh Supekar
/ Categories: Trending, Mindshare
Do you know these auto and auto ancillaries stocks more than doubled in 2021 alone? 1822 0

After having traded negative in a three month period the BSE Auto index is up by over 3 per cent in one month and about 2.6 per cent in past one week alone.

The auto sector stocks have heavily underperformed the markets. The likes of Hero Motor Corp has a unique distinction of being one of the rare Sensex stocks to hit 52 week low in August. The share price of Hero Motors is up by ~10 per cent from its 52-week lows, however. This augurs well as the sector overall is slated for a catch up with the markets.

After having traded negative in a three month period the BSE Auto index is up by over 3 per cent in one month and about 2.6 per cent in past one week alone. The outperformance in the past week is catching the investors attention.

In 2021 we find that several stocks from the auto and especially auto ancillary sector have more than doubled with the top gainer jumping higher by 301.32 per cent in 2021 alone.

Following is the list of top gainers from the Auto and Auto Ancillary sector:

Sr No

Stocks

YTD returns (%)

1

Smiths & Founders (India) Ltd.

301.32

2

Steel Strips Wheels Ltd.

236.67

3

High Energy Batteries (India) Ltd.

213.65

4

PTC Industries Ltd.

213.56

5

RACL Geartech Ltd.

212.97

6

GNA Axles Ltd.

205.03

7

Spectra Industries Ltd.

200.59

8

Panama Petrochem Ltd.

185.69

9

Hindustan Hardy Ltd.

171.45

10

Simplex Castings Ltd.

131.1

11

Automotive Stampings and Assemblies

124.44

12

Savita Oil Technologies Ltd.

122.07

13

Ramkrishna Forgings Ltd.

120.04

14

Talbros Engineering Ltd.

119.65

15

Alicon Castalloy Ltd.

119.17

16

Kranti Industries Ltd.

117.42

17

Tide Water Oil Company (India) Ltd.

117.18

18

Jagan Lamps Ltd.

115.8

19

Menon Pistons Ltd.

110.85

20

Galaxy Bearings Ltd.

105.54

21

IP Rings Ltd.

102.54

22

JK Tyre & Industries Ltd.

101.97

23

Kinetic Engineering Ltd.

100.17

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