The Indian automobile ancillary industry is set for robust growth, driven by increasing vehicle demand, rapid adoption of EVs, export expansion, and government support through initiatives like the PLI scheme and FAME-II, and it is expected to grow at a CAGR of 8-10 percent and reach $100 billion by FY30
Ace investors are renowned individuals who have achieved significant success in the stock market through their investment strategies and portfolios. The decisions and portfolio moves of these ace investors can significantly influence stock prices and market sentiment.
Listed below are some of the auto ancillary stocks held by Ace Investors that you can add to your watchlist.
Precision Camshafts
Precision Camshafts Limited is engaged in the business of manufacturing and supplying of camshaft castings, machined camshafts, and many more to the auto and railway industry.
With a market capitalization of Rs. 3,412.84 Crores, the shares of Precision Camshafts Limited were trading at Rs. 359.30 in the day’s trade down 0.18 percent from its previous day’s close price of Rs. 359.95.
Ace Investor Vijay Kedia holds a 2.1 percent stake in the company consisting of 20 lakh equity shares. He made a fresh position in the company in the March 2023 Quarter by purchasing a 1.05 percent stake consisting of 10 lakh equity shares.
Atul Auto
Atul Auto is engaged in the business of manufacturing and selling three-wheeler automobiles and the sale of spare parts related to them in the domestic and international markets. Its brands include ATUL RIK, ATUL Gem, ATUL Gemini, and many others.
With a market capitalization of Rs. 1,574.47 Crores, the shares of Atul Auto Limited were trading at Rs. 567.35 in the day’s trade up 0.02 percent from its previous day’s close price of Rs. 567.25.
Ace Investor Vijay Kedia holds a 20.9 percent stake in the company consisting of 58.02 lakh equity shares. He made a fresh position in the company in the December 2015 Quarter by purchasing a 1.16 percent stake consisting of 2.54 lakh equity shares.
Talbros Automotive Components
Talbros Automotive Components Limited is primarily engaged in the manufacturing of automotive components. It offers a range of products, including multi-layer steel gasket, exhaust manifold gasket, rubber molded gasket, cylinder head gasket, and many more.
With a market capitalization of Rs. 1,851.84 Crores, the shares of Talbros Automotive Components Limited were trading at Rs. 300 in the day’s trade up 0.05 percent from its previous day’s close price of Rs. 299.85.
Ace Investor Dolly Khanna holds a 1.2 percent stake in the company consisting of 7.44 lakh equity shares. She made a fresh position in the company in the December 2020 Quarter by purchasing a 1.17 percent stake consisting of 1.45 lakh equity shares.
Ceat
Ceat Limited is primarily engaged in the manufacturing of automotive tires, tubes, and flaps. The Company manufactures tires for a broad range of vehicles, including two/three-wheelers, passenger and utility vehicles, commercial vehicles, and off-highway vehicles.
With a market capitalization of Rs. 13,155.18 Crores, the shares of Ceat Limited were trading at Rs. 3,252.20 in the day’s trade up 0.39 percent from its previous day’s close price of Rs. 3,239.55.
Ace Investor Mukul Mahavir Agrawal holds a 1.11 percent stake in the company consisting of 4.5 lakh equity shares. He made a fresh position in the company in the September 2022 Quarter by purchasing a 1.24 percent stake consisting of 5 lakh equity shares.
Pix Transmissions
Pix Transmissions Limited is the leading manufacturer of Belts and related mechanical Power Transmission products. Its product portfolio includes industrial belts, agricultural belts, lawn & garden belts, automotive belts, hi-power rated belts, power-ware products, and various accessories.
With a market capitalization of Rs. 3,275.43 Crores, the shares of Pix Transmissions Limited were trading at Rs. 2,403.95 in the day’s trade up 1.60 percent from its previous day’s close price of Rs. 2,366.05.
Ace Investor Mukul Mahavir Agrawal holds a 2.2 percent stake in the company consisting of 3 lakh equity shares. He made a fresh position in the company in the September 2019 Quarter by purchasing a 1.07 percent stake consisting of 1.46 lakh equity shares.
Universal Autofoundry
Universal Autofoundry Limited is an India-based global manufacturer and exporter specializing in the production of cast iron and ductile iron castings. It caters to various industries, including automobiles, earth movers, agriculture, railways, and international markets.
With a market capitalization of Rs. 119.87 Crores, the shares of Universal Autofoundry Limited were trading at Rs. 96.40 in the day’s trade down 0.46 percent from its previous day’s close price of Rs. 96.85.
Ace Investor Ashish Kacholia holds a 8.32 percent stake in the company consisting of 10.34 lakh equity shares. He made a fresh position in the company in the September 2023 Quarter by purchasing a 8.54 percent stake consisting of 10.34 lakh equity shares.
Written by: Bharath K.S
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