5 Best Manufacturing Stocks to buy in 2024

Published : 05 July 2024

Dixon Technologies

It is India’s one of the leading  Electronics Manufacturing Services (EMS) providers. Its shares are trading at around ₹ 12630  at present with ROCE and ROE of 24.70% and 21.69% while the OPM is noted at 3.15%.

Bajaj Auto

The company manufactures scooters, motorcycles, as well as three-wheelers. Its shares are trading at around ₹ 9388 at present with ROCE and ROE of 32.50% and 26.61% while the OPM is noted at 21.91%.

Hindustan Unilever

It is India’s largest FMCG company. It is currently trading at around ₹ 2495 with an ROCE of 21.72% and ROE of 20.06%. Its OPM is around 23.03%.

Hero MotoCorp

The company is an industry leader in manufacturing two-wheelers in the country. Its shares are trading at around ₹ 5565 at present with ROCE and ROE of 28.51% and 21.15% while the OPM is noted at 14.41%. 

Amara Raja Batteries

The company manufactures industrial and automotive batteries. It is currently trading around ₹ 1700 with an ROCE of 17.71% and ROE of 13.74%.  Its OPM is around 10.97%.