Hidden Gems to Invest In | Auto Ancillary Stock Analysis | E12

Welcome to Episode 12 of the Indian Market Story. In today's episode, we discuss auto ancillary stocks, and evaluate their investment potential. With Auto Ancillary stocks such such important component of the stock market. It's important to include them in your portfolio. We aim to explain for beginners how to analyze these companies rom an investment perspective. We discuss companies like Exide & Amaraja in the battery space, Bharat Forde & Bosch ltd in the engine manufacturing space, Minda Industries, Uno Minda, Samvardhana Motherson and others in the electrical parts and wiring space and finally MRF Tyres & Bal Krishna. These companies, operating beyond the confines of a single manufacturer or technology, present a broad spectrum of opportunities. India's robust manufacturing base propels many of these ancillaries as key exporters to global automobile OEMs. Investing successfully in this sector largely hinges on selecting the right stocks. Our analysis begins with Bharat Forge and Bosch, leading engine parts manufacturers currently facing headwinds due to the EV transition. Contrastingly, we highlight electrical component manufacturers like Uno Minda, Minda Corp, and Sona BLW, who are poised to benefit from the ongoing EV transition and premiumization trends. Next, we navigate the challenges that battery manufacturers like Exide and Amara Raja are grappling with, given their limited capabilities in the field of lithium-ion technology. Finally, we review tire manufacturers BKT and MRF, assessing their market position and performance. So, buckle up and join us on this journey through the auto ancillary market. Don't forget to like, share, and subscribe for more insightful episodes as we continue to help you make sense of the Indian market story.• • • Disclaimer: This podcast is produced by Elixir Equities Pvt. Ltd., a SEBI registered research analyst, registration number INA000004787. The information provided in this podcast is for educational and informational purposes only and should not be considered as investment advice. Investment in securities market are subject to market risks. We strongly advise all investors to read all the related documents carefully before investing. The securities quoted in this podcast are for illustrative purposes only and are not recommendations for investments. Registration granted by SEBI and certification from NISM in no way guarantees the performance of the intermediary or provide any assurance of return to investors. Dipan Mehta, Varun Mehta, PaisaSmart, its parent company Elixir Equities Pvt. Ltd. or its associates do not hold any financial interest of more than 1% in any of the companies or financial assets covered by us. We or our clients, relatives, or associates may have an investment position of less than 1% in the companies covered by us. We have not received any compensation from any of the companies covered by us and we do not provide any services to them. Our views are based on publicly available information. We strongly advise investors to evaluate market conditions and risks independently before making any investment decisions. This podcast should not be considered as a substitute for professional financial advice. Elixir Equities Pvt. Ltd., Dipan Mehta, Varun Mehta, PaisaSmart, and its associates shall not be held responsible for any financial losses or damages incurred as a result of acting on the information provided herein. This disclaimer is subject to update and modification without prior notice. We encourage our listeners to regularly review this disclaimer. Research Analyst: Elixir Equities Pvt.Ltd. SEBI Registration No. INA000004787