New Delhi, March 14 -- The benchmark Nifty 50 has recently experienced a significant correction of nearly 14% from its peak in September 2024. This led to a sell-off in many sectors, including automobile.

The Nifty Auto index has corrected more than 20% from its peak, dragged down by a broader market sell-off and a bloodbath in small-cap stocks.

Contrarian investors should be scanning the horizon for hidden value. Beneath the surface gloom, tectonic shifts are reshaping the sector: electric vehicle adoption is rising, and premiumisation trends are defying economic headwinds.

For investors with a multi-year lens, this is a rare alignment of value and vision. With this in mind, let's look at the top 5 undervalued automobile stocks.

We h...