Auto Ancillary Stocks

Majestic Auto led the listed auto ancillary companies with a 16.21% annual dividend yield, followed by PTL Enterprises at 6.5% and Banco Products at 3.79%. The article notes Majestic Auto’s high yield reflects a one-time special dividend.

Gabriel India and France-based Forvia have formed Faurecia ANAND Seating India Private Limited to bring advanced seating systems to India. The joint venture combines Forvia’s global technology expertise with Gabriel India’s manufacturing capabilities and customer relationships.

After a 5-month winning streak, Nifty Auto and major auto stocks are in decline due to profit booking and economic concerns. With rising oil prices and impending interest rate hikes, experts suggest selective buying.

Small-cap stock: Pavna Industries' shares surged by 20% to ₹28.45 on February 19, despite broader market declines. The stock's month-to-date return reached 46%, potentially ending a five-month losing streak.

Lumax Industries share price has surged 8% to an all-time high of ₹6,618, following a strong quarterly performance with 18.7% revenue growth. The company's focus on premiumization and new orders has bolstered profitability, resulting in a 39.1% net profit increase year-on-year.

Auto ancillary stocks like GNA Axles and Delta Autocorp saw strong gains on February 3 after the US reduced tariffs on Indian goods from 25% to 18%, boosting optimism in the market and benefiting sectors reliant on US exports.

Belrise Industries share price surged 13.6% to a record ₹179.90 after 5.83 crore shares were traded. Belrise share price made a healthy debut on Indian exchanges in May 2025, listing at ₹100 apiece.