{"id":332276,"date":"2026-10-29T14:26:21","date_gmt":"2026-10-29T08:56:21","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=332276"},"modified":"2026-10-29T14:26:21","modified_gmt":"2026-10-29T08:56:21","slug":"automobile-stocks-to-buy","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/","title":{"rendered":"Automobile Stocks to Buy in November 2026: 5 Names on the Watchlist"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>M&#038;M Rs 2,863. Bajaj Auto Rs 10,345. Eicher Rs 7,212. Hero Rs 5,179. TVS Motor Rs 4,215. NSE prices, 29 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Five automobile stocks to buy on the November 2026 watchlist are Mahindra and Mahindra, Bajaj Auto, Eicher Motors, Hero MotoCorp and TVS Motor Company. All five grew revenue in their latest full year, and all five also grew net profit. Mahindra and Mahindra has the lowest P\/E at 17.63, while Bajaj Auto leads on return on equity at 35.71%. Check each valuation against your own risk appetite before acting.<\/p>\n<\/p><\/div>\n<p>The automobile stocks to buy in November 2026 start with five listed names: Mahindra and Mahindra, Bajaj Auto, Eicher Motors, Hero MotoCorp and TVS Motor Company. Automobile companies earn from vehicle sales, so their results follow consumer demand, product launches and input costs.<\/p>\n<p>This article ranks none of them as a sure thing. It lays out the numbers each company has reported, how the shares are priced today and what an investor should check before adding any of these automobile stocks to buy to a portfolio. All prices are NSE quotes from 29 October 2026, and financials come from company filings.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=automobile-stocks-to-buy\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Which_Are_the_Best_Automobile_Stocks_to_Buy_in_November_2026\" title=\"Which Are the Best Automobile Stocks to Buy in November 2026?\">Which Are the Best Automobile Stocks to Buy in November 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Why_These_Automobile_Stocks_to_Buy_Are_in_Focus\" title=\"Why These Automobile Stocks to Buy Are in Focus\">Why These Automobile Stocks to Buy Are in Focus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Mahindra_and_Mahindra_The_SUV_and_Tractor_Leader_Among_Automobile_Stocks_to_Buy\" title=\"Mahindra and Mahindra: The SUV and Tractor Leader Among Automobile Stocks to Buy\">Mahindra and Mahindra: The SUV and Tractor Leader Among Automobile Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Bajaj_Auto_The_Export-Strong_Two-Wheeler_Maker_Among_Automobile_Stocks_to_Buy\" title=\"Bajaj Auto: The Export-Strong Two-Wheeler Maker Among Automobile Stocks to Buy\">Bajaj Auto: The Export-Strong Two-Wheeler Maker Among Automobile Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Eicher_Motors_The_Premium_Motorcycle_Name_Among_Automobile_Stocks_to_Buy\" title=\"Eicher Motors: The Premium Motorcycle Name Among Automobile Stocks to Buy\">Eicher Motors: The Premium Motorcycle Name Among Automobile Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Hero_MotoCorp_The_Volume_Two-Wheeler_Leader_Among_Automobile_Stocks_to_Buy\" title=\"Hero MotoCorp: The Volume Two-Wheeler Leader Among Automobile Stocks to Buy\">Hero MotoCorp: The Volume Two-Wheeler Leader Among Automobile Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#TVS_Motor_Company_The_Fast-Growing_Two-Wheeler_Name_Among_Automobile_Stocks_to_Buy\" title=\"TVS Motor Company: The Fast-Growing Two-Wheeler Name Among Automobile Stocks to Buy\">TVS Motor Company: The Fast-Growing Two-Wheeler Name Among Automobile Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Growth_Snapshot_Latest_Full_Year_and_Latest_Quarter\" title=\"Growth Snapshot: Latest Full Year and Latest Quarter\">Growth Snapshot: Latest Full Year and Latest Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Factors_That_Move_Automobile_Stocks_to_Buy\" title=\"Factors That Move Automobile Stocks to Buy\">Factors That Move Automobile Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Risks_to_Keep_in_Mind_Before_Buying_Automobile_Stocks\" title=\"Risks to Keep in Mind Before Buying Automobile Stocks\">Risks to Keep in Mind Before Buying Automobile Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#How_to_Choose_Automobile_Stocks_to_Buy\" title=\"How to Choose Automobile Stocks to Buy\">How to Choose Automobile Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#How_to_Invest_in_Automobile_Stocks\" title=\"How to Invest in Automobile Stocks\">How to Invest in Automobile Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Frequently_Asked_Questions_on_Automobile_Stocks_to_Buy\" title=\"Frequently Asked Questions on Automobile Stocks to Buy\">Frequently Asked Questions on Automobile Stocks to Buy<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Which_are_the_best_automobile_stocks_to_buy_in_November_2026\" title=\"Which are the best automobile stocks to buy in November 2026?\">Which are the best automobile stocks to buy in November 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Is_Mahindra_and_Mahindra_a_good_automobile_stock_to_buy\" title=\"Is Mahindra and Mahindra a good automobile stock to buy?\">Is Mahindra and Mahindra a good automobile stock to buy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Are_automobile_stocks_expensive_right_now\" title=\"Are automobile stocks expensive right now?\">Are automobile stocks expensive right now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Which_automobile_stocks_pay_a_dividend\" title=\"Which automobile stocks pay a dividend?\">Which automobile stocks pay a dividend?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#Which_automobile_stock_has_the_highest_return_on_equity\" title=\"Which automobile stock has the highest return on equity?\">Which automobile stock has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#What_are_the_risks_of_investing_in_automobile_stocks\" title=\"What are the risks of investing in automobile stocks?\">What are the risks of investing in automobile stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/automobile-stocks-to-buy\/#How_can_I_invest_in_automobile_stocks_in_India\" title=\"How can I invest in automobile stocks in India?\">How can I invest in automobile stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Which_Are_the_Best_Automobile_Stocks_to_Buy_in_November_2026\"><\/span><strong>Which Are the Best Automobile Stocks to Buy in November 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The best automobile stocks to buy in November 2026 for a watchlist are Mahindra and Mahindra, Bajaj Auto, Eicher Motors, Hero MotoCorp and TVS Motor Company. They were picked because each has complete reported financials, profit in the latest quarter and an NSE listing. The table puts their market data side by side.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"6\">\n<thead>\n<tr>\n<th>Company<\/th>\n<th>CMP (Rs)<\/th>\n<th>Market Cap<\/th>\n<th>P\/E<\/th>\n<th>ROE<\/th>\n<th>Dividend Yield<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/mandm\/mahindra-and-mahindra-ltd-share-price-today\">Mahindra and Mahindra<\/a><\/td>\n<td>2,863<\/td>\n<td>Rs 3,56,893 crore<\/td>\n<td>17.63<\/td>\n<td>18.37%<\/td>\n<td>1.11%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/bajaj\/bajaj-auto-ltd-share-price-today\">Bajaj Auto<\/a><\/td>\n<td>10,345<\/td>\n<td>Rs 2,87,994 crore<\/td>\n<td>22.47<\/td>\n<td>35.71%<\/td>\n<td>1.46%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/eichermot\/eicher-motors-ltd-share-price-today\">Eicher Motors<\/a><\/td>\n<td>7,212<\/td>\n<td>Rs 2,00,126 crore<\/td>\n<td>34.67<\/td>\n<td>21.97%<\/td>\n<td>1.12%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/heromotoco\/hero-motocorp-ltd-share-price-today\">Hero MotoCorp<\/a><\/td>\n<td>5,179<\/td>\n<td>Rs 1,06,086 crore<\/td>\n<td>19.33<\/td>\n<td>26.57%<\/td>\n<td>3.49%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/tvsmotor\/tvs-motor-company-ltd-share-price-today\">TVS Motor Company<\/a><\/td>\n<td>4,215<\/td>\n<td>Rs 2,01,389 crore<\/td>\n<td>50.50<\/td>\n<td>31.56%<\/td>\n<td>0.28%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>On valuation, Mahindra and Mahindra and Hero MotoCorp trade below the industry P\/E; Bajaj Auto sits close to it; Eicher Motors and TVS Motor Company carry a premium. Valuation is the first filter for any automobile stocks to buy list, and it is covered again in the risk section.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_These_Automobile_Stocks_to_Buy_Are_in_Focus\"><\/span><strong>Why These Automobile Stocks to Buy Are in Focus<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Vehicle demand has been supported by new launches, rural recovery and rising exports, and several makers are building electric portfolios. The list covers the largest SUV and tractor maker, two export-strong motorcycle names, a premium motorcycle brand and a fast-growing two-wheeler company. Anyone comparing the best automobile stocks in India usually looks at market share, product pipeline and balance sheet strength together.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mahindra_and_Mahindra_The_SUV_and_Tractor_Leader_Among_Automobile_Stocks_to_Buy\"><\/span><strong>Mahindra and Mahindra: The SUV and Tractor Leader Among Automobile Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mahindra and Mahindra is India&#8217;s leading SUV and tractor maker, with farm equipment, commercial vehicles and services arms. Its market capitalisation is Rs 3,56,893 crore, the share price is Rs 2,863 and the P\/E of 17.63 compares with an industry P\/E of 23.63.<\/p>\n<p>Over FY26, net profit rose 32.3% to Rs 18,622 crore on revenue of Rs 2,02,084 crore, which was up 25.2%. The latest quarter, the June 2026 quarter, brought revenue of Rs 59,204 crore, up 27.5% year on year, and net profit of Rs 5,998 crore, up 37.0%.<\/p>\n<p>Return on equity is 18.37%, debt-to-equity is 1.44, and the dividend yield is 1.11%. Promoters hold 18.39%, foreign institutions 33.35% and domestic institutions 34.24% as of September 2026. Domestic institutional holding has risen from 29.96% to 34.24% over the last year. A point to keep in view: debt is higher than most names on this list.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bajaj_Auto_The_Export-Strong_Two-Wheeler_Maker_Among_Automobile_Stocks_to_Buy\"><\/span><strong>Bajaj Auto: The Export-Strong Two-Wheeler Maker Among Automobile Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bajaj Auto is a motorcycle and three-wheeler maker with a large export business and an electric scooter range. The stock trades at Rs 10,345 with a market capitalisation of Rs 2,87,994 crore and a P\/E of 22.47, against an industry P\/E of 23.63.<\/p>\n<p>FY26 revenue rose 24.0% to Rs 65,087 crore and net profit rose 44.4% to Rs 10,574 crore. In the September 2026 quarter, revenue grew 57.4% year on year to Rs 25,677 crore, while net profit grew 59.5% to Rs 3,384 crore.<\/p>\n<p>Return on equity is 35.71%, debt-to-equity is 0.72, and the dividend yield is 1.46%. Promoters hold 55.95%, foreign institutions 8.87% and domestic institutions 13.31% as of September 2026.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Automobile Stocks Live on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Eicher_Motors_The_Premium_Motorcycle_Name_Among_Automobile_Stocks_to_Buy\"><\/span><strong>Eicher Motors: The Premium Motorcycle Name Among Automobile Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Eicher Motors is the owner of Royal Enfield motorcycles and a commercial-vehicle joint venture with Volvo. At Rs 7,212, the stock has a market capitalisation of Rs 2,00,126 crore and trades at 34.67 times earnings, while the industry P\/E is 23.63.<\/p>\n<p>Reported numbers show FY26 revenue of Rs 24,894 crore, up 23.4% year on year, with net profit at Rs 5,515 crore, up 16.5%. The June 2026 quarter added revenue of Rs 7,099 crore (up 29.4%) and net profit of Rs 1,463 crore (up 21.3%).<\/p>\n<p>Return on equity is 21.97%, debt-to-equity is 0.02, and the dividend yield is 1.12%. Promoters hold 49.02%, foreign institutions 24.02% and domestic institutions 17.60% as of September 2026. Domestic institutional holding has risen from 14.72% to 17.60% over the last year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hero_MotoCorp_The_Volume_Two-Wheeler_Leader_Among_Automobile_Stocks_to_Buy\"><\/span><strong>Hero MotoCorp: The Volume Two-Wheeler Leader Among Automobile Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hero MotoCorp is India&#8217;s largest two-wheeler maker by volume, with a broad commuter and scooter range. Its market capitalisation is Rs 1,06,086 crore, the share price is Rs 5,179 and the P\/E of 19.33 compares with an industry P\/E of 23.63.<\/p>\n<p>Over FY26, net profit rose 32.0% to Rs 5,776 crore on revenue of Rs 48,469 crore, which was up 15.5%. The latest quarter, the September 2026 quarter, brought revenue of Rs 15,172 crore, up 21.8% year on year, and net profit of Rs 1,861 crore, up 40.8%.<\/p>\n<p>Return on equity is 26.57%, debt-to-equity is 0.04, and the dividend yield is 3.49%. Promoters hold 34.72%, foreign institutions 32.22% and domestic institutions 23.94% as of September 2026. Foreign institutional holding has risen from 28.76% to 32.22% over the last year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"TVS_Motor_Company_The_Fast-Growing_Two-Wheeler_Name_Among_Automobile_Stocks_to_Buy\"><\/span><strong>TVS Motor Company: The Fast-Growing Two-Wheeler Name Among Automobile Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>TVS Motor Company is a two-wheeler and three-wheeler maker with a growing export and electric vehicle portfolio. The stock trades at Rs 4,215 with a market capitalisation of Rs 2,01,389 crore and a P\/E of 50.50, against an industry P\/E of 23.63.<\/p>\n<p>FY26 revenue rose 27.0% to Rs 56,092 crore and net profit rose 35.6% to Rs 3,186 crore. In the September 2026 quarter, revenue grew 39.4% year on year to Rs 19,572 crore, while net profit grew 46.4% to Rs 1,219 crore.<\/p>\n<p>Return on equity is 31.56%, debt-to-equity is 3.43, and the dividend yield is 0.28%. Promoters hold 50.27%, foreign institutions 21.39% and domestic institutions 20.29% as of September 2026. Domestic institutional holding has risen from 18.35% to 20.29% over the last year. A point to keep in view: debt is higher than most names on this list.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track these automobile stocks live and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Growth_Snapshot_Latest_Full_Year_and_Latest_Quarter\"><\/span><strong>Growth Snapshot: Latest Full Year and Latest Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares year-on-year growth in revenue and net profit for all five automobile stocks, using filed results.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"6\">\n<thead>\n<tr>\n<th>Company<\/th>\n<th>Full-Year Revenue Growth<\/th>\n<th>Full-Year Profit Growth<\/th>\n<th>Latest Quarter<\/th>\n<th>Quarter Revenue Growth<\/th>\n<th>Quarter Profit Growth<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Mahindra and Mahindra<\/td>\n<td>25.2%<\/td>\n<td>32.3%<\/td>\n<td>Jun 2026<\/td>\n<td>27.5%<\/td>\n<td>37.0%<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Auto<\/td>\n<td>24.0%<\/td>\n<td>44.4%<\/td>\n<td>Sep 2026<\/td>\n<td>57.4%<\/td>\n<td>59.5%<\/td>\n<\/tr>\n<tr>\n<td>Eicher Motors<\/td>\n<td>23.4%<\/td>\n<td>16.5%<\/td>\n<td>Jun 2026<\/td>\n<td>29.4%<\/td>\n<td>21.3%<\/td>\n<\/tr>\n<tr>\n<td>Hero MotoCorp<\/td>\n<td>15.5%<\/td>\n<td>32.0%<\/td>\n<td>Sep 2026<\/td>\n<td>21.8%<\/td>\n<td>40.8%<\/td>\n<\/tr>\n<tr>\n<td>TVS Motor Company<\/td>\n<td>27.0%<\/td>\n<td>35.6%<\/td>\n<td>Sep 2026<\/td>\n<td>39.4%<\/td>\n<td>46.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Factors_That_Move_Automobile_Stocks_to_Buy\"><\/span><strong>Factors That Move Automobile Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Four factors tend to drive automobile stocks, and each one is worth checking before a purchase.<\/p>\n<ul>\n<li><strong>Demand and launches:<\/strong> New models and festive demand drive monthly volumes.<\/li>\n<li><strong>Exports:<\/strong> Overseas sales add growth and reduce dependence on the domestic cycle.<\/li>\n<li><strong>Input costs:<\/strong> Steel, aluminium and chip availability influence margins.<\/li>\n<li><strong>Electric transition:<\/strong> Companies with credible electric plans may be better positioned over the long term.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Keep_in_Mind_Before_Buying_Automobile_Stocks\"><\/span><strong>Risks to Keep in Mind Before Buying Automobile Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The first risk is cyclicality, because vehicle sales fall quickly when interest rates, fuel prices or incomes turn against buyers. Input costs can also squeeze margins when prices rise faster than companies can pass them on. Some names carry higher borrowings because they run finance arms, so check debt in context before comparing them.<\/p>\n<p>On the numbers, TVS Motor Company trades at the highest P\/E on this list at 50.50, so its earnings need to keep growing to support the price. Automobile stocks to buy can still fall when markets turn weak, and a staggered entry has historically suited investors better than a lump-sum purchase.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Automobile_Stocks_to_Buy\"><\/span><strong>How to Choose Automobile Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Compare market share:<\/strong> Leading share in a segment gives pricing power and scale.<\/li>\n<li><strong>Check ROE:<\/strong> Returns above 15% show efficient capital use.<\/li>\n<li><strong>Read the order and launch pipeline:<\/strong> New models and export orders support growth.<\/li>\n<li><strong>Review borrowings:<\/strong> Separate captive finance debt from industrial debt before judging balance sheet strength.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Automobile_Stocks\"><\/span><strong>How to Invest in Automobile Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Shortlist two or three companies from this list that match your risk appetite.<\/li>\n<li>Open the Univest Screener and compare P\/E, ROE and debt for each stock.<\/li>\n<li>Check the latest quarterly results and shareholding pattern on NSE or BSE.<\/li>\n<li>Decide an amount you can hold for three to five years and split it into two or three purchases.<\/li>\n<li>Review the holding after every quarterly result instead of reacting to daily price moves.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mahindra and Mahindra offers the lowest P\/E on this list at 17.63, Bajaj Auto has the highest return on equity at 35.71%, and Bajaj Auto posted the fastest net profit growth in its latest full year at 44.4%. Among the best automobile stocks in India, these five give investors a spread of size, valuation and growth, so the right pick depends on risk appetite and holding period. Spread the entry, keep position sizes sensible and consult a SEBI-registered advisor before investing in any of these automobile stocks to buy.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Automobile_Stocks_to_Buy\"><\/span><strong>Frequently Asked Questions on Automobile Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_automobile_stocks_to_buy_in_November_2026\"><\/span><strong>Which are the best automobile stocks to buy in November 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The five automobile stocks on the November 2026 watchlist are Mahindra and Mahindra, Bajaj Auto, Eicher Motors, Hero MotoCorp and TVS Motor Company. Mahindra and Mahindra has the lowest P\/E at 17.63, Bajaj Auto has the highest ROE at 35.71%, and Bajaj Auto grew net profit 44.4% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Mahindra_and_Mahindra_a_good_automobile_stock_to_buy\"><\/span><strong>Is Mahindra and Mahindra a good automobile stock to buy?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mahindra and Mahindra is the largest company on this list with a market capitalisation of Rs 3,56,893 crore and a P\/E of 17.63 against an industry P\/E of 23.63. Its FY26 revenue rose 25.2% and net profit rose 32.3%, with return on equity at 18.37%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_automobile_stocks_expensive_right_now\"><\/span><strong>Are automobile stocks expensive right now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Valuations vary across the group. Mahindra and Mahindra trades at a P\/E of 17.63, Bajaj Auto trades at a P\/E of 22.47, Eicher Motors trades at a P\/E of 34.67, Hero MotoCorp trades at a P\/E of 19.33, TVS Motor Company trades at a P\/E of 50.50, against an industry P\/E of 23.63. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_automobile_stocks_pay_a_dividend\"><\/span><strong>Which automobile stocks pay a dividend?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dividend yields on this list are Mahindra and Mahindra 1.11%, Bajaj Auto 1.46%, Eicher Motors 1.12%, Hero MotoCorp 3.49%, TVS Motor Company 0.28%. Yields are modest across the group, so most investors look at these stocks for growth in earnings rather than for income, and payouts can change with company profits.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_automobile_stock_has_the_highest_return_on_equity\"><\/span><strong>Which automobile stock has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bajaj Auto has the highest ROE on this list at 35.71%, followed by TVS Motor Company at 31.56% and Hero MotoCorp at 26.57%. A higher ROE shows a company earns more profit on shareholder capital, but it should be read alongside valuation and debt.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_automobile_stocks\"><\/span><strong>What are the risks of investing in automobile stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are cyclical demand, input costs and higher borrowings at companies with captive finance arms. On this list, TVS Motor Company trades at the highest P\/E of 50.50, which leaves less room for earnings disappointments. Staggered buying and a long holding period can help manage these risks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_automobile_stocks_in_India\"><\/span><strong>How can I invest in automobile stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy these stocks directly on NSE or BSE through a demat account, and compare them first on the Univest Screener using P\/E, ROE and debt. Many investors split the amount across two or three purchases and review the holding after each quarterly result. Sector-themed mutual funds and ETFs are another route for investors who prefer diversification.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best automobile stocks to buy in November 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The five automobile stocks on the November 2026 watchlist are Mahindra and Mahindra, Bajaj Auto, Eicher Motors, Hero MotoCorp and TVS Motor Company. Mahindra and Mahindra has the lowest P\/E at 17.63, Bajaj Auto has the highest ROE at 35.71%, and Bajaj Auto grew net profit 44.4% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.\"}},{\"@type\":\"Question\",\"name\":\"Is Mahindra and Mahindra a good automobile stock to buy?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Mahindra and Mahindra is the largest company on this list with a market capitalisation of Rs 3,56,893 crore and a P\/E of 17.63 against an industry P\/E of 23.63. Its FY26 revenue rose 25.2% and net profit rose 32.3%, with return on equity at 18.37%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.\"}},{\"@type\":\"Question\",\"name\":\"Are automobile stocks expensive right now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Valuations vary across the group. Mahindra and Mahindra trades at a P\/E of 17.63, Bajaj Auto trades at a P\/E of 22.47, Eicher Motors trades at a P\/E of 34.67, Hero MotoCorp trades at a P\/E of 19.33, TVS Motor Company trades at a P\/E of 50.50, against an industry P\/E of 23.63. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.\"}},{\"@type\":\"Question\",\"name\":\"Which automobile stocks pay a dividend?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Dividend yields on this list are Mahindra and Mahindra 1.11%, Bajaj Auto 1.46%, Eicher Motors 1.12%, Hero MotoCorp 3.49%, TVS Motor Company 0.28%. 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Staggered buying and a long holding period can help manage these risks.\"}},{\"@type\":\"Question\",\"name\":\"How can I invest in automobile stocks in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can buy these stocks directly on NSE or BSE through a demat account, and compare them first on the Univest Screener using P\/E, ROE and debt. Many investors split the amount across two or three purchases and review the holding after each quarterly result. 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