Best EV Stocks in India 2024 - EV Penny Stocks India (2024)

The table above represents the Best EV Stocks in India based on market cap. Read the complete blog to find out the Electric Vehicle Stock List analyzed fundamentally on various parameters.

Content:

• Electrical Vehicle Stocks – 1Y Return
• EV Stocks India – 1M Return
• Best EV Stocks in India – PE Ratio
• Best EV Stocks in India – Highest Daily Volume
• EV Penny Stocks India
• EV Stocks in India
• Introduction to Best EV Stocks in India

Electrical Vehicle Stocks – 1Y Return

The below table shows the Electrical Vehicle Stocks based on the 1Y Return.

EV Stocks India – 1M Return

The below table shows the EV Stocks India based on the 1M Return.

Top EV Stocks in India – PE Ratio

The below table shows the Top EV Stocks in India based on the PE Ratio.

Best EV Stocks in India – Highest Daily Volume

The below table shows the Best EV Stocks in India based on the Highest Daily Volume.

EV Penny Stocks India

The below table shows the EV Penny Stocks India based on the Close Price.

EV Stocks in India

The below table shows the EV Stocks in India based on the Market Cap.

Introduction to Best EV Stocks in India

Tata Motors Ltd

The Market Cap of Tata Motors Ltd is Rs. 3,92,613.36 crores. The stock’s monthly return is -1.52%. Its one-year return is 81.34%. The stock is 7.93% away from its 52-week high.

Tata Motors Limited is a global automobile manufacturer with a diverse portfolio of cars, SUVs, trucks, buses, and defense vehicles. Its segments include automotive and other operations. The automotive segment has four sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. Tata Commercial Vehicles cover SCVs, pickup trucks, and medium to heavy commercial vehicles. Tata Passenger Vehicles include cars and utility vehicles. Other operations encompass IT services, machine tools, and factory automation solutions.

NTPC Ltd

The Market Cap of NTPC Ltd is Rs. 3,91,115.03 crores. The stock’s monthly return is 2.08%. Its one-year return is 89.69%. The stock is 2.76% away from its 52-week high.

NTPC Limited is an Indian power generation company primarily engaged in producing and selling bulk power to State Power Utilities. The company operates through two segments: Generation, which focuses on power production, and Others, which includes consultancy, project management, energy trading, and coal mining. NTPC runs 89 power stations across India, independently or through joint ventures and subsidiaries, such as NTPC Vidyut Vyapar Nigam, NTPC Electric Supply Company, and THDC India Limited, among others.

Maruti Suzuki India Ltd

The Market Cap of Maruti Suzuki India Ltd is Rs. 3,85,971.60 crores. The stock’s monthly return is -1.27%. Its one-year return is 27.57%. The stock is 11.73% away from its 52-week high.

Maruti Suzuki India Limited is involved in the manufacturing, purchasing, and sale of motor vehicles, components, and spare parts, focusing on passenger and commercial vehicles. The company also sells aftermarket parts and accessories under the Maruti Suzuki Genuine Parts and Accessories brand. Additional activities include pre-owned car sales, fleet management, and car financing. Maruti Suzuki operates through three channels: NEXA, Arena, and Commercial. Its product range includes popular models like Baleno, Ignis, Vitara Brezza, and Swift, along with services such as Maruti Suzuki Finance, Insurance, and Driving School.

Mahindra and Mahindra Ltd

The Market Cap of Mahindra and Mahindra Ltd is Rs. 3,27,469.82 crores. The stock’s monthly return is -1.66%. Its one-year return is 80.29%. The stock is 7.89% away from its 52-week high.

Mahindra and Mahindra Limited is an India-based company involved in providing farm equipment, utility vehicles, IT, and financial services. The company’s key segments include Automotive, Farm Equipment, Financial Services, Industrial Businesses, and Consumer Services. The Automotive segment focuses on selling automobiles, spares, mobility solutions, and construction equipment. The Farm Equipment segment offers tractors, implements, and related services. Mahindra’s product range includes SUVs, pickups, commercial vehicles, electric vehicles, two-wheelers, and construction equipment. The company also serves industries such as aerospace, agribusiness, automotive, clean energy, defense, and real estate.

Power Grid Corporation of India Ltd

The Market Cap of Power Grid Corporation of India Ltd is Rs. 3,10,640.18 crores. The stock’s monthly return is -1.41%. Its one-year return is 81.49%. The stock is 7.17% away from its 52-week high.

Power Grid Corporation of India Limited is a power transmission company involved in the planning, implementation, operation, and maintenance of the Inter-State Transmission System (ISTS), as well as providing telecom and consultancy services. The company’s segments include Transmission Services, Consultancy Services, and Telecom Services. Transmission Services handle the transmission of bulk power across India through extra high voltage (EHV/HV) networks. Consultancy Services offer expertise in transmission, distribution, and telecom sectors, including design, engineering, and project management. The company also utilizes spare optical fibers in its network for telecom services and operates a Smart Grid for real-time power system monitoring and control.

Bajaj Auto Ltd

The Market Cap of Bajaj Auto Ltd is Rs. 2,76,784.39 crores. The stock’s monthly return is 11.78%. Its one-year return is 126.77%. The stock is 0.81% away from its 52-week high.

Bajaj Auto Limited is an India-based manufacturer of two-wheelers, three-wheelers, and quadricycles. The company focuses on the development, manufacturing, and distribution of automobiles, including motorcycles, commercial vehicles, electric two-wheelers, and parts. Its product range includes motorcycles like Boxer, CT, Platina, Discover, Pulsar, Avenger, KTM, Dominar, Husqvarna, and Chetak. Bajaj Auto also produces commercial vehicles such as passenger carriers, goods carriers, and quadricycles. The company operates in India and globally, with major plants in Waluj, Chakan, and Pantnagar. Bajaj Auto has five overseas subsidiaries and two Indian subsidiaries, including Chetak Technology Ltd. and Bajaj Auto Consumer Finance Ltd.

Indian Oil Corporation Ltd

The Market Cap of Indian Oil Corporation Ltd is Rs. 2,45,413.00 crores. The stock’s monthly return is -3.07%. Its one-year return is 88.75%. The stock is 13.46% away from its 52-week high.

Indian Oil Corporation Limited (IOCL) is an India-based oil company with segments including Petroleum Products, Petrochemicals, and Other Business Activities. The “Other Business Activities” segment covers gas, oil and gas exploration, explosives, cryogenics, windmill, and solar power generation. IOCL’s operations span the entire hydrocarbon value chain, including refining, pipeline transportation, marketing, crude oil and gas exploration, petrochemicals, gas marketing, and alternative energy. The company has a vast network of fuel stations, storage terminals, and refineries across India. Subsidiaries include Chennai Petroleum Corporation, IndianOil (Mauritius), Lanka IOC, IOC Middle East FZE, and IOC Sweden AB.

Eicher Motors Ltd

The Market Cap of Eicher Motors Ltd is Rs. 1,35,209.22 crores. The stock’s monthly return is 0.45%. Its one-year return is 45.60%. The stock is 3.77% away from its 52-week high.

Eicher Motors Limited is an India-based automobile company engaged in manufacturing and selling motorcycles, spare parts, and related services. The company operates primarily in the automotive segment, covering development, design, manufacturing, assembly, and sales of two-wheelers and related accessories. Its flagship brand, Royal Enfield, focuses on motorcycles like the Interceptor 650, Continental GT 650, Classic, Bullet, and Himalayan, along with protective gear and accessories. Eicher also has a commercial vehicle business led by VE Commercial Vehicles, a joint venture with AB Volvo, producing Eicher-branded trucks and buses.

TVS Motor Company Ltd

The Market Cap of TVS Motor Company Ltd is Rs. 1,28,570.45 crores. The stock’s monthly return is 13.15%. Its one-year return is 105.68%. The stock is 1.54% away from its 52-week high.

TVS Motor Company Limited is engaged in manufacturing motorcycles, scooters, mopeds, three-wheelers, parts, and accessories. The company’s motorcycle lineup includes the Apache Series RTR, Apache RR 310, Apache RTR 165RP, TVS Raider, TVS Radeon, TVS StaR City +, and TVS Sport. Its scooters feature models like TVS Jupiter 125, TVS Jupiter Classic, TVS Jupiter ZX, TVS NTORQ 125, TVS Zest 110, and TVS Scooty Pep+. The company also offers mopeds such as the TVS XL series and three-wheelers like TVS King. Its electric vehicle portfolio includes TVS iQube. TVS Motor also provides an augmented reality mobile app, ARIVE, for an enhanced customer experience. The company operates approximately four manufacturing facilities.

Ashok Leyland

The Market Cap of Ashok Leyland Ltd is Rs. 76,860.98 crores. The stock’s monthly return is 9.38%. Its one-year return is 38.75%. The stock is 1.04% away from its 52-week high.

Ashok Leyland Limited is an India-based company involved in automobile manufacturing. The company’s main activities include manufacturing, sales, vehicle and housing finance, IT services, and a wide range of commercial vehicle-related services. Ashok Leyland also produces engines for industrial and marine applications, along with forgings and castings. Its segments include Commercial Vehicles and Financial Services. The company offers various truck categories such as haulage, ICV, tippers, and tractors, as well as bus categories for city, intercity, and school use. It also produces light commercial vehicles, agricultural engines, diesel generators, marine engines, and defense products, including armored and tactical vehicles.

EV Penny Stocks India

Amara Raja Energy & Mobility Ltd

The Market Cap of Amara Raja Energy & Mobility Ltd is Rs. 28,336.90 crores. The stock’s monthly return is -3.12%. Its one-year return is 142.09%. The stock is 17.23% away from its 52-week high.

Amar Raja Batteries Limited is an Indian company primarily engaged in the manufacturing and sale of lead-acid storage batteries. With operational facilities across the country, the company’s product portfolio includes automotive batteries, industrial batteries, and home UPS batteries. Committed to sustainable practices, Amar Raja Batteries holds certifications for quality and environmental management systems.

HBL Power Systems Ltd

The Market Cap of HBL Power Systems Ltd is Rs. 17,966.39 crores. The stock’s monthly return is 3.33%. Its one-year return is 139.34%. The stock is 7.02% away from its 52-week high.

HBL Power Systems Limited is an Indian company specializing in the manufacturing and sale of industrial batteries, aerospace batteries, and defense batteries. With operational facilities across the country, the company offers a varied product portfolio, including nickel-cadmium batteries, lithium-ion batteries, and sealed lead-acid batteries. HBL Power Systems is dedicated to enduring practices and holds certifications for quality and environmental management systems.

Indo National Ltd

The Market Cap of Indo National Ltd is Rs. 442.05 crores. The stock’s monthly return is 0.76%. Its one-year return is 46.44%. The stock is 39.12% away from its 52-week high.

Indo National Limited is a prominent Indian company involved in the manufacturing and marketing of a wide range of products, including batteries, torches, LED products, electrical accessories, and personal care items. Providing various battery types from AA to AAA and utilizing energy-saving LED technology in torches, the company meets diverse consumer requirements. With manufacturing facilities in Andhra Pradesh, Indo National Limited delivers quality products and services.

EV Stocks In India

Panasonic Energy India Co Ltd

The Market Cap of Panasonic Energy India Co Ltd is Rs. 399.94 crores. The stock’s monthly return is -5.74%. Its one-year return is 53.67%. The stock is 17.53% away from its 52-week high.

Panasonic Energy India Company Limited specializes in the manufacturing and distribution of dry cell batteries and lighting products. Offering a range of products such as zinc-carbon batteries, alkaline batteries, and LED bulbs, Panasonic caters to diverse consumer needs. Operating manufacturing plants in Vadodara, Gujarat, and Pithampur, Madhya Pradesh, the company ensures skilled production and timely delivery of products.

Exide Industries Ltd

The Market Cap of Exide Industries Ltd is Rs. 43,554.00 crores. The stock’s monthly return is -7.90%. Its one-year return is 90.71%. The stock is 24.58% away from its 52-week high.

Exide Industries Limited is an Indian company primarily involved in the manufacturing and sale of lead-acid storage batteries. Operating manufacturing facilities nationwide, the company’s diverse product portfolio includes automotive batteries, industrial batteries, and tubular batteries. Committed to sustainable operations, Exide Industries has received certifications for quality and environmental management systems.

Eveready Industries India Ltd

The Market Cap of Eveready Industries India Ltd is Rs. 3,500.62 crores. The stock’s monthly return is 12.72%. Its one-year return is 10.03%. The stock is 6.43% away from its 52-week high.

Eveready Industries India Limited is a leading company in the battery and lighting solutions sector. With a diverse product portfolio, including dry cell batteries, rechargeable batteries, flashlights, and small household appliances, the company caters to various consumer needs. Renowned for brands like Eveready, Powercell, and Uniross, the company ensures quality and reliable power solutions.

Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:

Disclaimer:The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time.