List of Best Manufacturing Stocks in India
Manufacturing stocks refer to shares of companies engaged in producing goods across industries like automobiles, chemicals, textiles, and consumer durables. These stocks appeal to investors because of their stable demand and growth potential.
Manufacturing Stocks Today
Tuesday, 15 April, 2025
symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAJA | Bajaj Auto Limited | BAJAJ-AUTO | /stocks/bajaj-auto-BAJA | Two Wheelers | 7,768.85 | 12,774.00 | 7,089.35 | 216,951.05 | 28.15 | 33.86 | 7.49 | 1.03 | 26.43 | -13.65 | 109.14 | 232.69 | Largecap | Automobiles & Components | Automobiles | Motorcycle Manufacturers | 3.02 |
BAJE | Bharat Electronics Ltd | BEL | /stocks/bharat-electronics-BAJE | Electronic Equipments | 285.00 | 340.50 | 221.00 | 208,328.70 | 52.28 | 26.92 | 12.75 | 0.77 | 26.37 | 21.56 | 235.29 | 1,128.45 | Largecap | Capital Goods | Electronic Equipment, Instruments & Components | Aerospace & Defense | 2.67 |
HIAE | Hindustan Aeronautics Ltd | HAL | /stocks/hindustan-aeronautics-HIAE | Aerospace & Defense Equipments | 4,107.20 | 5,674.75 | 3,046.05 | 274,679.27 | 36.04 | 40.33 | 9.43 | 0.85 | 28.91 | 13.17 | 372.65 | 1,378.61 | Largecap | Capital Goods | Machinery | Aerospace & Defense | 2.29 |
JSTL | JSW Steel Ltd | JSWSTEEL | /stocks/jsw-steel-JSTL | Iron & Steel | 990.25 | 1,074.90 | 823.80 | 241,615.39 | 27.42 | 28.15 | 3.03 | 0.92 | 12.00 | 15.09 | 28.96 | 477.74 | Largecap | Materials | Metals & Mining | Steel | 1.52 |
MAHM | Mahindra and Mahindra Ltd | M&M | /stocks/mahindra-and-mahindra-MAHM | Four Wheelers | 2,580.35 | 3,270.95 | 1,998.20 | 309,430.23 | 27.46 | 33.86 | 3.89 | 0.76 | 15.37 | 25.66 | 195.20 | 630.67 | Largecap | Automobiles & Components | Automobiles | Automobile Manufacturers | 3.69 |
MRTI | Maruti Suzuki India Ltd | MARUTI | /stocks/maruti-suzuki-india-MRTI | Four Wheelers | 11,599.05 | 13,680.00 | 10,725.00 | 364,677.12 | 27.04 | 33.86 | 4.26 | 1.08 | 16.84 | -6.63 | 53.15 | 127.69 | Largecap | Automobiles & Components | Automobiles | Automobile Manufacturers | 2.50 |
RELI | Reliance Industries Ltd | RELIANCE | /stocks/reliance-industries-RELI | Oil & Gas - Refining & Marketing | 1,218.95 | 1,608.80 | 1,114.85 | 1,649,528.59 | 23.69 | 11.23 | 1.78 | 0.41 | 7.94 | -16.79 | 5.56 | 133.54 | Largecap | Energy | Oil, Gas & Consumable Fuels | Oil & Gas Refining & Marketing | 1.64 |
SUN | Sun Pharmaceutical Industries Ltd | SUNPHARMA | /stocks/sun-pharmaceutical-industries-SUN | Pharmaceuticals | 1,687.55 | 1,960.35 | 1,377.20 | 404,899.77 | 42.28 | 47.87 | 6.03 | 0.80 | 15.15 | 9.58 | 81.95 | 275.68 | Largecap | Pharmaceuticals, Biotechnology & Life Sciences | Pharmaceuticals | Pharmaceuticals | 1.29 |
TAMO | Tata Motors Ltd | TATAMOTORS | /stocks/tata-motors-TAMO | Four Wheelers | 595.05 | 1,179.00 | 535.75 | 219,058.66 | 6.98 | 33.86 | 2.35 | 0.91 | 43.10 | -40.42 | 37.17 | 716.26 | Largecap | Automobiles & Components | Automobiles | Automobile Manufacturers | 4.63 |
TISC | Tata Steel Ltd | TATASTEEL | /stocks/tata-steel-TISC | Iron & Steel | 133.42 | 184.60 | 122.62 | 166,555.28 | -37.53 | 28.15 | 1.80 | 2.70 | -4.49 | -17.05 | -0.36 | 368.14 | Largecap | Materials | Metals & Mining | Steel | 1.83 |
Manufacturing Stocks
Manufacturing stocks represent companies engaged in the production and distribution of goods. The sector is gaining traction among investors due to India’s rising industrialisation. In this blog, we’ll explore how to invest in these stocks, their key characteristics, benefits, risks, and essential considerations.
Overview of the Manufacturing Sector
The manufacturing sector is a crucial component of India’s economy, contributing significantly to GDP and employment. With the government’s push for “Make in India” and rising global demand, manufacturing stocks have gained attention in financial markets. Key industries in this sector include:
- Automobile Manufacturing: Companies producing vehicles and auto components.
- Pharmaceutical Manufacturing: Firms involved in drug production and healthcare solutions.
- Engineering & Heavy Industries: Machinery, infrastructure, and industrial equipment manufacturers.
- Textile Industry: Companies engaged in apparel and fabric production.
- Chemical & Fertilizer Industry: Producers of speciality chemicals, petrochemicals, and fertilisers.
Factors Influencing Manufacturing Stocks
- Economic Trends: Fluctuation in GDP and industrial production directly impacts manufacturing share prices.
- Raw Material Costs: Fluctuations in raw material prices affect manufacturing stocks.
- Government Policies: Incentives, taxation policies, and subsidies influence the sector’s performance.
- Global Demand: Export-oriented manufacturing companies listed in NSE are impacted by international trade trends and foreign demand.
- Technological Advancements: Automation and innovation play a critical role in increasing efficiency and competitiveness in this sector.
- Supply Chain Disruptions: Availability of raw materials, transportation costs, and logistical challenges impact production.
How to Invest in Manufacturing Stocks
Here’s how you can invest in manufacturing sector shares in India:
- Open a Demat/Trading/Stockbroker Account: The first step to investing in manufacturing stocks is to open a demat account with a reputable stockbroker.
- Conduct Thorough Research: Before diving into investments, it’s essential to conduct thorough research to identify stocks that align with your investment goals. Utilise tools like the Tickertape Stocks Screener to refine your search effectively. Focus on key metrics such as market capitalisation, growth trends, and financial performance.
- Place a ‘Buy’ Order: After identifying the manufacturing stocks that meet your investment criteria, you can execute a ‘Buy’ order through smallcase platform.
Advantages of Investing in Manufacturing Sector Stocks
- Sectoral Growth: India’s rapid industrialisation and economic expansion benefit the manufacturing sector.
- Industry Diversification: Exposure to multiple industries, such as auto, pharma, and engineering, reduces sectoral risks.
- Government Support: Policies like PLI, Make in India, tax benefits, and ease of doing business aid manufacturing growth.
- Employment Generation: The sector plays a key role in job creation and supporting economic development.
- Stable Demand: The demand for essential manufactured products stays relatively stable, even in economic downturns, positioning the sector as a key investment option.
Risks Associated with Manufacturing Stocks
- Cost Volatility: Fluctuations in raw material prices, for example steel and crude oil, impact profit margins and company performance for the manufacturing sector.
- Regulatory Changes: Changes in taxation, environmental regulations, and industrial policies affect the operations of manufacturing companies.
- Global Market Risks: Trade restrictions, tariffs, and global supply chain issues can influence manufacturing sector shares.
- Competition: Both domestic and international players create a highly competitive environment, impacting profit margins.
- Cyclicality: Market cycles affect production levels, leading to fluctuations in revenue of manufacturing sector stocks.
Who Should Invest in Manufacturing Stocks?
- Sector Enthusiasts: Investors keen on India’s industrial and infrastructure growth can choose to explore in manufacturing sector shares.
- Diversification Seekers: Investing in manufacturing stocks can provide exposure to a vital sector that behaves differently from technology or financial stocks.
- Investors Looking to Benefit from Government Policies: With initiatives like ‘Make in India’ and PLI schemes, manufacturing stocks can benefit from policy-driven growth, making them a favourable choice for investors more aligned with government-backed sectors.
Considerations Before Investing in Manufacturing Sector Stocks
- Company Fundamentals: Analysing financial statements, revenue growth, and profitability is essential when evaluating manufacturing company stocks.
- Manufacturing Share Price Trends: Studying historical share price movements and technical indicators helps assess stock performance.
- Industry Growth Potential: A deeper understanding of sectoral expansion and macroeconomic factors influences investment decisions.
- Macroeconomic Indicators: Inflation rates, interest rates, and GDP growth affect manufacturing stocks NSE.
- Dividend History: Some of the best manufacturing stocks tend to have a consistent dividend return history.
- Debt Levels: High debt burdens can impact a company’s financial stability and long-term viability.
Wrap It Up
Manufacturing stocks play a crucial role in India’s industrial economy, contributing to employment, exports, and overall economic development. The performance of manufacturing stocks NSE depends on multiple factors such as economic trends, government policies, and global demand. Investors must analyse sector growth, company fundamentals, and market conditions before exploring manufacturing company stocks.
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Frequently Asked Questions About Manufacturing Stocks
What are the best manufacturing stocks in India?
Here is a list of the best manufacturing stocks in India based on market capitalisation:
-Reliance Industries Ltd
-Maruti Suzuki India Ltd
-Mahindra and Mahindra Ltd
-JSW Steel Ltd
-Hindustan Aeronautics Ltd
Note: This list was updated on 20th March 2025. The data provided is for educational purposes and is not reccomendatory.
How can I check manufacturing companies' share prices?
Manufacturing stocks NSE prices are available on smallcase platform.
What are the risks associated with small-cap manufacturing companies?
Small-cap manufacturing companies may experience higher volatility and liquidity risks compared to larger companies in the sector.
What factors affect manufacturing company stocks?
Stocks in the manufacturing sector are influenced by several factors, including but not limited to economic growth, input costs, government policies, and global demand.
How do I analyse stocks in the manufacturing sector?
Reviewing financial reports, 5Y CAGR, return on equity, and other profitability metrics can provide insights into manufacturing stocks.