BSE Automobile Index Shares 22Sep17 Chart Strength
23Mar16 Chart Strength
20.11.15  Chart Strength
Ashok Leyland 12 2 4
Bajaj Auto

17

23 3
Bharat Forge 4 29 33
Bosch 37 28 30
Cummins India 36 26 15
Eicher Motors 18 10 29
Exide Industries 35 46 35
Hero MotoCorp 26  4 16
Mahindra & Mahindra 40  20 9
Maruti Suzuki India 1 strongest 25 1 strongest
Motherson Sumi Systems  6 38 27
MRF 30  24 23
Tata Motors 42  40 34
TVS Motor Company 7  3 10
BSE Auto Index 64%  21.5 17.5

Note
All the above stocks form the BSE Auto Index.
Automobile Sector Index includes stocks from two-wheeler, four-wheeler and auto ancillary industries.

 

Other BSE NSE Automobile Shares 22Sep17 Chart Strength
23Mar16 Chart Strength
20.11.15  Chart Strength
Amara Raja Batteries 43 18 24
Amtek Auto 44  36 18
Apollo Tyres 31  13 32
Asahi India Glass  19 20
Atul Auto 32  14  
Autoline Industries 29  47  
Automotive Axles 16  31 31
Balkrishna Industries 10  30 25
Ceat  21  9 14
Escorts 27  44 11
Federal-Mogul Goetze (India)  39  34 26
Force Motors 34  11  
Gabriel India 19   7 13
Goodyear India 28   35 19
Grauer & Weil (India)  16 8
Jamna Auto Industries  23   6  
JBM Auto   45  
JK Tyre & Industries  33   37 28
Lumax Automotive Systems  39  
Mahindra CIE Automotive 24   33 12
Majestic Auto 13   17  
Minda Industries  1 strongest 2
Omax Autos  45   15  
Rico Auto Industries 11   41  
Schaeffler India (Fag Bearings India) 14 21 22
SML Isuzu 46   42 17
Subros  25   8 5
Sundaram Brake Linings 15   43 36
Sundaram Clayton  5 6
Tata Motors dvr 42.5    
Timken India 20   32 21
TVS Srichakra 41  27  
VST Tillers Tractors  38   12  
Wabco India 22   22 7

 

  • Stocks trading above 200 day moving average  laughing
        Shares are shown in blue colour
  • Stocks trading below but close to 200 day moving average smile
        Shares are shown in orange colour
  • Stocks trading much below 200 day moving average frown
        Shares are shown in red colour

 


 

Automobile Sector Trend

BSE Automobile Sector Index is trading above 200 day moving average.
Out of 14 Auto stocks 9 are trading above 200-dma.
That means 64% of Automobile stocks are trading above 200-dma. 
Metal and crude oil price coming lower is good for the auto sector.
Drop in the interest rates can further boost this sector.

Outperformers: Maruti Suzuki India, Grauer & Weil (India), Sundaram Clayton, Bharat Forge, JBM Auto.
Underperformers: SML Isuzu, Omax Autos, Amtek Auto, Amara Raja Batteries, Tata Motors.

 

Annual car sales growth
Year YoY in %
2003   15.8
2004   24.6
2005      6.3
2006   20.0
2007   15.0
2008     2.1
2009   18.7
2010   30.8
2011     4.3
2012     3.1
2013    -9.6

[Source: dna dated 10 January 2014]

Related topic
Automobile Sector Index Stocks at NSE