Top Manufacturing Stocks in India by Market Capitalization

Explore India's top manufacturing stocks driving the backbone of industries. From heavy machinery to industrial tools, these companies fuel India's economic engine.

The Capital Goods Industry – A Quick Overview

The capital goods sector forms the backbone of industries, creating essential tools for factories, construction sites, and transportation. These companies manufacture heavy machinery, engines, and industrial goods, catering to governments and businesses alike.

Carborundum Universal Ltd.

Market Cap: ₹24,288 Crore Based in Chennai, Carborundum Universal specializes in abrasives, ceramics, and electrominerals. It supports industries with products for grinding and finishing tools. Data as of 31st December 2024. Source – NSE

Grindwell Norton Ltd.

Market Cap: ₹21,255 Crore Operating from Bangalore, Grindwell Norton is a leading player in abrasives and ceramics. It provides solutions for precision engineering and industrial applications. Data as of 31st December 2024. Source – NSE

Titagarh Wagons Ltd.

Market Cap: ₹14,973 Crore Headquartered in Kolkata, Titagarh Wagons manufactures freight wagons, passenger coaches, and defense equipment. It's a critical supplier for Indian Railways. Data as of 31st December 2024. Source – NSE

Texmaco Rail & Engineering Ltd.

Market Cap: ₹7,689 Crore Texmaco Rail, based in Kolkata, excels in railway infrastructure, wagons, and steel foundry. It plays a pivotal role in India's rail sector expansion. Data as of 31st December 2024. Source – NSE

Wendt India Ltd.

Market Cap: ₹3,270 Crore Operating from Hosur, Tamil Nadu, Wendt India is a specialist in super abrasives and high-precision grinding, catering to aerospace and automotive industries. Data as of 31st December 2024. Source – NSE

Vraj Iron & Steel Ltd.

Market Cap: ₹728 Crore Located in Gujarat, Vraj Iron & Steel focuses on manufacturing structural steel products that support India's growing infrastructure needs. Data as of 31st December 2024. Source – NSE

Sona Machinery Ltd.

Market Cap: ₹167 Crore Known for agricultural processing equipment, Sona Machinery leads in manufacturing rice milling and grain cleaning systems. Data as of 31st December 2024. Source – NSE

Summary

India's manufacturing sector is the bedrock of economic growth, supported by leading companies like Carborundum, Grindwell Norton, and Titagarh. Their innovations and industry presence make them pivotal players in shaping India's industrial future. Data as of 31st December 2024. Source – NSE