Auto stocks to buy, Nov. 12 -- Strong festive demand and improved vehicle affordability drove healthy automobile sales across segments in October 2026, prompting Monarch Networth Capital (MNCL) to remain positive on select auto ancillary stocks.

The brokerage has identified eight stocks from its coverage universe with Buy ratings, including Minda Corporation, RK Forgings, Sundram Fasteners, ASK Automotive, Pricol and others.

Among these stocks, MNCL identified Minda Corporation, RK Forgings and Sundram Fasteners as its top picks. The brokerage also noted that valuations for all three appeared attractive at current market prices.

MNCL has assigned Buy ratings to eight stocks, with target prices indicating potential upside ranging from 8...