{"id":84740,"date":"2026-05-13T17:01:17","date_gmt":"2026-05-13T11:31:17","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=84740"},"modified":"2026-05-13T17:01:20","modified_gmt":"2026-05-13T11:31:20","slug":"best-auto-stocks-in-india-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/","title":{"rendered":"Best Auto Stocks in India 2026: Top 7 Automobile OEM Picks With Analyst Targets"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p>The best auto stocks in India 2026 are riding India&#8217;s longest automobile supercycle with passenger vehicle sales at record 4.5 million annually and two wheelers above 20 million units. Maruti Suzuki India Ltd at Rs 3.5 lakh crore is India&#8217;s passenger vehicle market leader with 41 percent market share and the strongest rural distribution network. Mahindra and Mahindra Ltd is the fastest growing SUV company with a Rs 4 lakh crore order book for Scorpio N, XUV700 and Thar. Tata Motors Ltd is India&#8217;s EV pioneer with 70 percent electric car market share through Nexon EV and Tiago EV. Hero MotoCorp Ltd is the world&#8217;s largest two wheeler manufacturer by volume. Bajaj Auto Ltd is the premium two wheeler and three wheeler exporter. TVS Motor Company Ltd is the fastest growing quality two wheeler manufacturer. Eicher Motors Ltd produces Royal Enfield, the world&#8217;s fastest growing premium motorcycle brand.<\/p>\n<p>Ankit Jaiswal, Senior Research Analyst at Univest, sees the best auto stocks in India 2026 at a product supercycle where SUV launches, EV expansion and premiumisation are simultaneously driving volume and ASP growth. Kunal Singla, Associate Director at Univest, highlights Mahindra&#8217;s BE 6e and XEV 9e electric SUVs, launching at Rs 18 to 35 lakh, as India&#8217;s most significant premium EV platform launch, targeting direct competition with Hyundai and Kia in the EV SUV segment.<\/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\/best-auto-stocks-in-india-2026\/#What_Are_Auto_OEM\" title=\"What Are Auto OEM?\">What Are Auto OEM?<\/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\/best-auto-stocks-in-india-2026\/#Budget_2026-27_Impact_on_Auto_OEM\" title=\"Budget 2026-27 Impact on Auto OEM\">Budget 2026-27 Impact on Auto OEM<\/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\/best-auto-stocks-in-india-2026\/#Top_Auto_OEM_Overview_Table\" title=\"Top Auto OEM, Overview Table\">Top Auto OEM, Overview Table<\/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\/best-auto-stocks-in-india-2026\/#Why_the_Best_Auto_Stocks_in_India_2026_Are_in_a_Product_and_EV_Supercycle\" title=\"Why the Best Auto Stocks in India 2026 Are in a Product and EV Supercycle\">Why the Best Auto Stocks in India 2026 Are in a Product and EV Supercycle<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#Passenger_Vehicle_Sales_at_Record_45_Million_SUV_Segment_at_65_Percent_Share\" title=\"Passenger Vehicle Sales at Record 4.5 Million, SUV Segment at 65 Percent Share\">Passenger Vehicle Sales at Record 4.5 Million, SUV Segment at 65 Percent Share<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#EV_Market_Growing_at_85_Percent_Tata_Motors_Dominates_With_70_Percent_Share\" title=\"EV Market Growing at 85 Percent, Tata Motors Dominates With 70 Percent Share\">EV Market Growing at 85 Percent, Tata Motors Dominates With 70 Percent Share<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#Royal_Enfield_Worlds_Fastest_Growing_Premium_Motorcycle_at_70_Percent_EBITDA\" title=\"Royal Enfield, World&#8217;s Fastest Growing Premium Motorcycle at 70 Percent EBITDA\">Royal Enfield, World&#8217;s Fastest Growing Premium Motorcycle at 70 Percent EBITDA<\/a><\/li><\/ul><\/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\/best-auto-stocks-in-india-2026\/#Top_7_Best_Auto_Stocks_in_India_2026_With_Volume_and_ASP_Analysis\" title=\"Top 7 Best Auto Stocks in India 2026 With Volume and ASP Analysis\">Top 7 Best Auto Stocks in India 2026 With Volume and ASP Analysis<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#1_Maruti_Suzuki_India_Ltd\" title=\"1. Maruti Suzuki India Ltd\">1. Maruti Suzuki India Ltd<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#2_Mahindra_and_Mahindra_Ltd\" title=\"2. Mahindra and Mahindra Ltd\">2. Mahindra and Mahindra Ltd<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#3_Tata_Motors_Ltd\" title=\"3. Tata Motors Ltd\">3. Tata Motors Ltd<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#4_Hero_MotoCorp_Ltd\" title=\"4. Hero MotoCorp Ltd\">4. Hero MotoCorp Ltd<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#5_Bajaj_Auto_Ltd\" title=\"5. Bajaj Auto Ltd\">5. Bajaj Auto Ltd<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#6_TVS_Motor_Company_Ltd\" title=\"6. TVS Motor Company Ltd\">6. TVS Motor Company Ltd<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#7_Eicher_Motors_Ltd\" title=\"7. Eicher Motors Ltd\">7. Eicher Motors Ltd<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#Factors_to_Consider_Before_Investing_in_Best_Auto_Stocks_in_India_2026\" title=\"Factors to Consider Before Investing in Best Auto Stocks in India 2026\">Factors to Consider Before Investing in Best Auto Stocks in India 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#Benefits_of_Investing_in_the_auto_stocks_in_India\" title=\"Benefits of Investing in the auto stocks in India\">Benefits of Investing in the auto stocks in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#Key_Risks_to_the_Best_Auto_Stocks_in_India_2026\" title=\"Key Risks to the Best Auto Stocks in India 2026\">Key Risks to the Best Auto Stocks in India 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#How_to_Choose_the_auto_stocks_in_India\" title=\"How to Choose the auto stocks in India\">How to Choose the auto stocks in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#How_to_Invest_in_Auto_OEM_in_India_2026\" title=\"How to Invest in Auto OEM in India 2026\">How to Invest in Auto OEM in India 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#Conclusion_Best_Auto_Stocks_in_India_2026\" title=\"Conclusion: Best Auto Stocks in India 2026\">Conclusion: Best Auto Stocks in India 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#What_are_the_best_auto_stocks_in_India_2026\" title=\"What are the best auto stocks in India 2026?\">What are the best auto stocks in India 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#Is_Maruti_Suzuki_the_best_auto_stock\" title=\"Is Maruti Suzuki the best auto stock?\">Is Maruti Suzuki the best auto stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#Which_auto_stock_benefits_most_from_EV_growth\" title=\"Which auto stock benefits most from EV growth?\">Which auto stock benefits most from EV growth?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#What_is_Royal_Enfields_market_position\" title=\"What is Royal Enfield&#8217;s market position?\">What is Royal Enfield&#8217;s market position?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#What_is_India_PV_sales_outlook\" title=\"What is India PV sales outlook?\">What is India PV sales outlook?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#What_are_risks_in_auto_stocks\" title=\"What are risks in auto stocks?\">What are risks in auto stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/best-auto-stocks-in-india-2026\/#Is_Bajaj_Auto_a_good_export_auto_stock\" title=\"Is Bajaj Auto a good export auto stock?\">Is Bajaj Auto a good export auto stock?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Auto_OEM\"><\/span><strong>What Are Auto OEM?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Track live Sensex, Nifty and sector data with analyst insights on <a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Univest<\/strong><\/a>.<\/p>\n<p>Auto OEM represent publicly listed companies in the auto oem space traded on NSE and BSE. Investing in the best auto stocks in India provides direct equity exposure to this sector&#8217;s structural growth story. A sound investment approach involves studying order books, regulatory environment, management quality and sector specific financial metrics before building a position in the best auto stocks in India.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Budget_2026-27_Impact_on_Auto_OEM\"><\/span><strong>Budget 2026-27 Impact on Auto OEM<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Budget 2026-27 allocated Rs 11.2 lakh crore in total expenditure with a record Rs 3.69 lakh crore capital outlay. For the best auto stocks in India, Budget 2026-27 delivered enhanced sectoral allocation, PLI programme extension, import duty rationalisation and infrastructure capex directly supporting end market demand. Ankit Jaiswal, Senior Research Analyst at Univest, notes Budget 2026-27 creates the most supportive policy environment for the best auto stocks in India in five years with sustained multi year spending commitments.<\/p>\n<p><strong><a href=\"https:\/\/univest.in\/user\/screener\/best-stocks\">Tap to Access Best Research Pieces on Univest<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Top_Auto_OEM_Overview_Table\"><\/span><strong>Top Auto OEM, Overview Table<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th><strong>Company<\/strong><\/th>\n<th><strong>Ticker<\/strong><\/th>\n<th><strong>Key Strength<\/strong><\/th>\n<th><strong>FY27 Catalyst<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/user\/stocks\/maruti\/maruti-suzuki-india-ltd-share-price-today\">Maruti Suzuki India Ltd<\/a><\/td>\n<td>MARUTI<\/td>\n<td>Market leader with dominant brand moat<\/td>\n<td>FY27 revenue recovery and margin expansion<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/user\/stocks\/m_m\/mahindra-and-mahindra-ltd-share-price-today\">Mahindra and Mahindra Ltd<\/a><\/td>\n<td>M_M<\/td>\n<td>High ROE and consistent earnings growth<\/td>\n<td>New product launches driving market share<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/user\/stocks\/tatamotors\/tata-motors-ltd-share-price-today\">Tata Motors Ltd<\/a><\/td>\n<td>TATAMOTORS<\/td>\n<td>Dominant market share and wide distribution<\/td>\n<td>Capacity addition reaching revenue maturity<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/user\/stocks\/heromotoco\/hero-motocorp-ltd-share-price-today\">Hero MotoCorp Ltd<\/a><\/td>\n<td>HEROMOTOCO<\/td>\n<td>Proprietary technology and IP advantage<\/td>\n<td>Export order book ramp up accelerating<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/user\/stocks\/bajaj-auto\/bajaj-auto-ltd-share-price-today\">Bajaj Auto Ltd<\/a><\/td>\n<td>BAJAJ_AUTO<\/td>\n<td>Defensive earnings with reliable dividend yield<\/td>\n<td>Policy tailwind and government contract wins<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/user\/stocks\/tvsmotor\/tvs-motor-company-ltd-share-price-today\">TVS Motor Company Ltd<\/a><\/td>\n<td>TVSMOTOR<\/td>\n<td>Fastest growing player in segment<\/td>\n<td>Profitability inflection creating re rating<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/user\/stocks\/eichermot\/eicher-motors-ltd-share-price-today\">Eicher Motors Ltd<\/a><\/td>\n<td>EICHERMOT<\/td>\n<td>Asset light model with superior ROCE<\/td>\n<td>Digital transformation improving efficiency<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_the_Best_Auto_Stocks_in_India_2026_Are_in_a_Product_and_EV_Supercycle\"><\/span><strong>Why the Best Auto Stocks in India 2026 Are in a Product and EV Supercycle<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Passenger_Vehicle_Sales_at_Record_45_Million_SUV_Segment_at_65_Percent_Share\"><\/span><strong>Passenger Vehicle Sales at Record 4.5 Million, SUV Segment at 65 Percent Share<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>India&#8217;s passenger vehicle market at 4.5 million units annually is at the highest level in history. SUVs at 65 percent of total sales versus 30 percent a decade ago command 40 to 60 percent higher ASP than sedans and hatchbacks. Mahindra, Tata Motors and Maruti&#8217;s SUV launches are driving ASP improvement of 10 to 15 percent annually for the best auto stocks in India 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"EV_Market_Growing_at_85_Percent_Tata_Motors_Dominates_With_70_Percent_Share\"><\/span><strong>EV Market Growing at 85 Percent, Tata Motors Dominates With 70 Percent Share<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>India&#8217;s electric passenger vehicle market grew 85 percent in FY26 with Tata Motors commanding 70 percent market share through Nexon EV, Curvv EV and Tiago EV. Two wheeler EV sales crossed 1.5 million units. This EV leadership is creating a structural long term competitive advantage for early movers among the best auto stocks in India 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Royal_Enfield_Worlds_Fastest_Growing_Premium_Motorcycle_at_70_Percent_EBITDA\"><\/span><strong>Royal Enfield, World&#8217;s Fastest Growing Premium Motorcycle at 70 Percent EBITDA<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Royal Enfield commands 30 percent global market share in the 250cc to 750cc motorcycle segment growing at 15 to 20 percent annually. Its Himalayan, Hunter 350 and Classic 350 dominate leisure motorcycling in India. International markets (Europe, Southeast Asia, Latin America) at 15 percent of volume growing at 30 percent annually add geographic diversification for Eicher Motors among the best auto stocks in India 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Top_7_Best_Auto_Stocks_in_India_2026_With_Volume_and_ASP_Analysis\"><\/span><strong>Top 7 Best Auto Stocks in India 2026 With Volume and ASP Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Maruti_Suzuki_India_Ltd\"><\/span><strong>1. Maruti Suzuki India Ltd<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/univest.in\/user\/stocks\/maruti\/maruti-suzuki-india-ltd-share-price-today\">Maruti Suzuki India Ltd<\/a> at Rs 3.5 lakh crore is the dominant best auto stock in India 2026 with 41 percent PV market share, rural distribution across 2,500 towns and 7 city CNG vehicle leadership. CNG vehicle mix at 25 percent of total sales improves ASP. Brokerage Buy with targets Rs 13,500 to 15,000 implying 15 to 25 percent upside. New SUV launches in Brezza, Grand Vitara and upcoming EV series sustain volume momentum.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Mahindra_and_Mahindra_Ltd\"><\/span><strong>2. Mahindra and Mahindra Ltd<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/univest.in\/user\/stocks\/m_m\/mahindra-and-mahindra-ltd-share-price-today\">Mahindra and Mahindra Ltd<\/a> is the fastest growing PV company with Rs 4 lakh crore XUV700, Scorpio N and Thar booking backlog. BE 6e and XEV 9e electric SUVs launching at Rs 18 to 35 lakh. Tractor division adds farm income exposure. Brokerage Buy targets Rs 3,200 to 3,500 implying 20 to 35 percent upside. It is the highest quality growth among the best auto stocks in India 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Tata_Motors_Ltd\"><\/span><strong>3. Tata Motors Ltd<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/univest.in\/user\/stocks\/tatamotors\/tata-motors-ltd-share-price-today\">Tata Motors Ltd<\/a> is India&#8217;s EV pioneer with 70 percent electric car market share. JLR (Jaguar Land Rover) luxury vehicle recovery in the UK and US adds premium international revenue. Revenue growing at 12 to 14 percent. Brokerage Buy with targets Rs 1,050 to 1,200. Its EV first mover and JLR luxury vehicle recovery make it the most diversified among the best auto stocks in India 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Hero_MotoCorp_Ltd\"><\/span><strong>4. Hero MotoCorp Ltd<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/univest.in\/user\/stocks\/heromotoco\/hero-motocorp-ltd-share-price-today\">Hero MotoCorp Ltd<\/a> is the world&#8217;s largest two wheeler manufacturer by volume with 35 million plus units sold over its lifetime. Volume recovering at 8 to 10 percent annually as rural income normalises. EV scooter Vida V1 and V2 are gaining market share. Premium motorcycles at Rs 1.5 to 3 lakh price point growing at 25 percent. It is the most rural income proxy among the best auto stocks in India 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Bajaj_Auto_Ltd\"><\/span><strong>5. Bajaj Auto Ltd<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/univest.in\/user\/stocks\/bajaj-auto\/bajaj-auto-ltd-share-price-today\">Bajaj Auto Ltd<\/a> is the premium two wheeler and three wheeler exporter with 45 countries export presence and Pulsar, Avenger and Dominar brands. Three wheeler EV (Chetak) growing at 60 percent annually. Export volume growing at 15 percent. Highest free cash flow generator and dividend payer among the best auto stocks in India 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_TVS_Motor_Company_Ltd\"><\/span><strong>6. TVS Motor Company Ltd<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/univest.in\/user\/stocks\/tvsmotor\/tvs-motor-company-ltd-share-price-today\">TVS Motor Company Ltd<\/a>\u00a0is the fastest growing quality two wheeler manufacturer growing volume at 15 to 18 percent annually. Apache, Jupiter and iQube EV scooter are gaining premium market share. International revenue from two wheelers to Africa and Southeast Asia. It is the highest volume growth rate among the best auto stocks in India 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_Eicher_Motors_Ltd\"><\/span><strong>7. Eicher Motors Ltd<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/univest.in\/user\/stocks\/eichermot\/eicher-motors-ltd-share-price-today\">Eicher Motors Ltd<\/a> produces Royal Enfield, the world&#8217;s fastest growing premium motorcycle brand with 30 percent global 250 750cc market share. International markets growing at 30 percent annually. EBITDA margins above 27 percent, the highest in Indian two wheelers. Guerrilla 450 and Himalayan 450 new models targeting adventure motorcycle premiumisation. It is the highest margin best auto stock in India 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Factors_to_Consider_Before_Investing_in_Best_Auto_Stocks_in_India_2026\"><\/span><strong>Factors to Consider Before Investing in Best Auto Stocks in India 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Monthly auto sales data from SIAM is the primary tracking indicator for the best auto stocks in India 2026. SUV mix above 60 percent of PV sales indicates premium ASP. EV volume as a percentage above 5 percent signals EV transition momentum. Export revenue above 15 percent provides geographic demand diversification. EBITDA margin above 13 percent for PV OEMs and above 20 percent for two wheelers are quality benchmarks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Benefits_of_Investing_in_the_auto_stocks_in_India\"><\/span><strong>Benefits of Investing in the auto stocks in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Screen the best auto stocks on the <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a>.<\/p>\n<ul>\n<li>Direct equity participation in India&#8217;s auto oem sector structural growth story.<\/li>\n<li>Portfolio diversification beyond large-cap banking and IT concentration.<\/li>\n<li>Capital appreciation as auto oem companies compound earnings over 3 to 5 years.<\/li>\n<li>Exposure to policy backed megatrends including infrastructure, digital India and energy transition.<\/li>\n<li>Dividend income from established PSU and private sector companies with high payout ratios.<\/li>\n<li>Liquidity through NSE and BSE listings with institutional research and analyst coverage.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Best_Auto_Stocks_in_India_2026\"><\/span><strong>Key Risks to the Best Auto Stocks in India 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Commodity Input Cost Inflation:<\/strong> Steel, aluminium and semiconductors are key inputs. Price spikes directly compress vehicle gross margins.<\/li>\n<li><strong>EV Transition Disruption:<\/strong> Rapid EV adoption could strand ICE vehicle manufacturing investments for companies slow to pivot.<\/li>\n<li><strong>Rural Income Stress:<\/strong> Two wheeler volumes are highly correlated with rural income from agriculture and MNREGA employment.<\/li>\n<li><strong>Competition from Chinese EV Brands:<\/strong> BYD and other Chinese EV companies are entering India with competitive pricing threatening domestic market share.<\/li>\n<li><strong>Semiconductor Supply Constraint:<\/strong> Global chip shortages can restrict vehicle production even with healthy demand.<\/li>\n<li><strong>EMI Affordability on Rate Hikes:<\/strong> Higher vehicle loan EMIs from interest rate increases reduce consumer affordability at the margin.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_the_auto_stocks_in_India\"><\/span><strong>How to Choose the auto stocks in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Auto_OEM_in_India_2026\"><\/span><strong>How to Invest in Auto OEM in India 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>To invest in the best auto stocks in India, open a Demat and trading account with a SEBI-registered broker. Download the Univest App on iOS or Android for AI powered research, analyst stock reports and real time screener filters. Build positions over 2 to 3 quarterly entry points to average purchase cost. Begin with 3 to 4 sector leaders and add conviction as earnings visibility improves through quarterly results.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion_Best_Auto_Stocks_in_India_2026\"><\/span><strong>Conclusion: Best Auto Stocks in India 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><em>Download the <\/em><a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\"><em>Univest iOS App<\/em><\/a><em> or the <\/em><a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\"><em>Univest Android App<\/em><\/a><em> to get daily IPO updates and expert research.<\/em><\/p>\n<p>The best auto stocks in India 2026 are in a product and EV supercycle with PV sales at record highs, SUV premiumisation driving ASP improvement and EV adoption accelerating. Maruti anchors quality. Mahindra has the highest PV growth. Eicher Motors has the highest two wheeler margins.<\/p>\n<p>Ankit Jaiswal at Univest recommends Mahindra, Maruti Suzuki and Eicher Motors as the three core positions among the best auto stocks in India 2026. Kunal Singla recommends monitoring monthly SIAM auto sales data and EV penetration rate monthly as the two primary tracking indicators.<\/p>\n<p><em>Disclaimer: This article is for educational and informational purposes only and does not constitute investment advice. Securities investments are subject to market risks. Please read all related documents carefully before investing. Univest Research is a SEBI Registered Research Analyst (Registration No. INH000012449). Past performance is not indicative of future results. Consult a SEBI-registered financial advisor before making any investment decisions.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span><strong>Frequently Asked Questions (FAQs)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_best_auto_stocks_in_India_2026\"><\/span><strong>What are the best auto stocks in India 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ans. The best auto stocks in India 2026 are Maruti Suzuki, Mahindra, Tata Motors, Hero MotoCorp, Bajaj Auto, TVS Motor and Eicher Motors.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Maruti_Suzuki_the_best_auto_stock\"><\/span><strong>Is Maruti Suzuki the best auto stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ans. Maruti with 41 percent PV market share and brokerage Buy targets Rs 13,500 to 15,000 is the quality large-cap anchor among the best auto stocks in India 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_auto_stock_benefits_most_from_EV_growth\"><\/span><strong>Which auto stock benefits most from EV growth?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ans. Tata Motors with 70 percent EV car market share and Mahindra with BE 6e and XEV 9e premium EV launches are the most direct EV beneficiaries among the best auto stocks in India 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Royal_Enfields_market_position\"><\/span><strong>What is Royal Enfield&#8217;s market position?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ans. Royal Enfield commands 30 percent global 250 750cc motorcycle segment share growing at 15 to 20 percent annually with EBITDA margins above 27 percent, the highest in Indian two wheelers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_India_PV_sales_outlook\"><\/span><strong>What is India PV sales outlook?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ans. India targets 10 million PV sales annually by 2030 from 4.5 million today. SUVs at 65 percent share commanding 40 to 60 percent premium ASP are driving value growth for the best auto stocks in India 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_risks_in_auto_stocks\"><\/span><strong>What are risks in auto stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ans. Commodity inflation, EV disruption of ICE investments, rural income stress, Chinese EV competition, semiconductor supply and EMI affordability are key risks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Bajaj_Auto_a_good_export_auto_stock\"><\/span><strong>Is Bajaj Auto a good export auto stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ans. Bajaj Auto with 45 country export presence, three wheeler EV Chetak growing at 60 percent and highest free cash flow generation is the best auto exporter among the best auto stocks in India 2026.<\/p>\n<h3><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>Best auto stocks in India 2026 with Maruti Suzuki the Rs 3.5 lakh crore passenger vehicle leader at 41 percent market share, Mahindra the fastest growing SUV company and Tata Motors the EV pioneer as India targets 10 million passenger vehicle sales annually by 2030 and two-wheeler market exceeds 20 million units.<\/p>\n","protected":false},"author":26,"featured_media":86848,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-84740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1778671896:26"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["842"],"rank_math_seo_score":["83"],"rank_math_focus_keyword":["Auto Stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"],"rank_math_title":["Best Auto Stocks India 2026 | Maruti Suzuki Mahindra Tata Motors Hero Bajaj TVS"],"rank_math_description":["Best auto stocks in India 2026. 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