These 6 auto stocks surge up to 70% so far in 2022; look strong on SWOT analysis. Do you own any?
1/7
Good Times
The BSE Auto index saw its third good year in the trot after surging about 20% in each of the last two years. In 2022, the index performance is almost 3 times higher than benchmark index Sensex, which gained 7%. As many as 12 of 17 stocks from the BSE Auto Index have given double-digit returns, and from that list, 6 stocks have gained anywhere between 25 and 70% so far in 2022 (Data Source: ACE Equity). Interestingly, all 6 stocks look quite strong on SWOT analysis. Take a look at the key strengths of these stocks, according to Trendlyne.com.
2/7
Tube Investments of India | YTD Price Return: 72%
CMP : Rs 3,016.50 | 52-week High: Rs 3,040.
Growth in net profit with increasing profit margin (QoQ)
Growth in quarterly net profit with increasing profit margin (YoY)
Company with low debt
Increasing profits every quarter for the past 2 quarters
Book value per share Improving for the last 2 years
FIIs/FPIs or institutions increasing their shareholding
Near 52-week high
Growth in net profit with increasing profit margin (QoQ)
Growth in quarterly net profit with increasing profit margin (YoY)
Company with low debt
Increasing profits every quarter for the past 2 quarters
Book value per share Improving for the last 2 years
FIIs/FPIs or institutions increasing their shareholding
Near 52-week high
3/7
TVS Motor Company | YTD Price Return: 65%
CMP : Rs 1,035.85 | 52-week High: Rs 1,177
Growth in net profit with increasing profit margin (QoQ)
Growth in quarterly net profit with increasing profit margin (YoY)
Increasing profits every quarter for the past 4 quarters
Increasing revenue every quarter for the past 2 quarters
Book value per share Improving for the last 2 years
Company with zero promoter pledge
Growth in net profit with increasing profit margin (QoQ)
Growth in quarterly net profit with increasing profit margin (YoY)
Increasing profits every quarter for the past 4 quarters
Increasing revenue every quarter for the past 2 quarters
Book value per share Improving for the last 2 years
Company with zero promoter pledge
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4/7
Cummins India | YTD Price Return: 62%
CMP : Rs 1,522.55 | 52-week High: Rs 1,551.05
Growth in net profit with increasing profit margin (QoQ)
Growth in quarterly net profit with increasing profit margin (YoY)
Company with low debt
Increasing revenue every quarter for the past 2 quarters
Book value per share improving for last 2 years
Company with zero promoter pledge
FIIs/FPIs or Institutions increasing their shareholding
Near 52-week high
Growth in net profit with increasing profit margin (QoQ)
Growth in quarterly net profit with increasing profit margin (YoY)
Company with low debt
Increasing revenue every quarter for the past 2 quarters
Book value per share improving for last 2 years
Company with zero promoter pledge
FIIs/FPIs or Institutions increasing their shareholding
Near 52-week high
5/7
Mahindra & Mahindra | YTD Price Return: 51%
CMP : Rs 1,265.50 | 52-week high: Rs 1,366.30
Efficient in managing assets to generate profits – ROA improving for last 2 years
Growth in net profit with increasing profit margin (QoQ)
Growth in quarterly net profit with increasing profit margin (YoY)
Increasing revenue every quarter for the past 4 quarters
Company able to generate net cash — improving net cash flow for the last 2 years
Annual net profits improving for the last 2 years
Book value per share Improving for the last 2 years
Efficient in managing assets to generate profits – ROA improving for last 2 years
Growth in net profit with increasing profit margin (QoQ)
Growth in quarterly net profit with increasing profit margin (YoY)
Increasing revenue every quarter for the past 4 quarters
Company able to generate net cash — improving net cash flow for the last 2 years
Annual net profits improving for the last 2 years
Book value per share Improving for the last 2 years
6/7
Eicher Motors | YTD Price Return: 30%
CMP : Rs 3,356 | 52-week high: Rs 3,886.
Growth in quarterly net profit with increasing profit margin (YoY)
Company with low debt
Increasing revenue every quarter for the past 4 quarters
Increasing profits every quarter for the past 4 quarters
Company with zero promoter pledge
FIIs/FPIs or institutions increasing their shareholding
Growth in quarterly net profit with increasing profit margin (YoY)
Company with low debt
Increasing revenue every quarter for the past 4 quarters
Increasing profits every quarter for the past 4 quarters
Company with zero promoter pledge
FIIs/FPIs or institutions increasing their shareholding
7/7
MRF | YTD Price Return: 25%
CMP : Rs 91,418 | 52-week high: Rs 95,954
Company with low debt
Increasing revenue every quarter for the past 4 quarters
Book value per share improving for the last 2 years
Company with zero promoter pledge
FIIs/FPIs or Institutions increasing their shareholding
Near 52-week high
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Company with low debt
Increasing revenue every quarter for the past 4 quarters
Book value per share improving for the last 2 years
Company with zero promoter pledge
FIIs/FPIs or Institutions increasing their shareholding
Near 52-week high
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)