Auto Ancillary Stocks: Analyst Picks Lumax Auto, Pricol, Sona BLW For Growth

Auto ancillaries remain in focus as premiumisation, technology-agnostic products and the shift towards electric vehicles create fresh growth opportunities. Companies supplying components for both ICE and EV vehicles could benefit from this transition. Sunny Agarwal, SBI Securities, highlighted Lumax Auto Technologies, Preco, SJS Enterprises, Sona BLW, Minda Corporation and Gabriel India as notable names in the space. Preco has delivered strong growth across its businesses, while Sona BLW continues to show robust performance with a positive three-to-four-year outlook. Investors could consider building a diversified basket of auto ancillary stocks as earnings momentum continues.