India's automotive sector contributes 7.1 percent to the country's GDP and provides significant employment. India's electric vehicle market is on a trajectory of substantial growth, backed by supportive government policies, increasing consumer awareness, and technological advancements.
Before looking into the best electric vehicle stocks in India, we should know that the electric vehicles sector is not limited to manufacturers. The sector has four subdomains: 1. Auto manufacturers 2. Auto parts and EV software 3. Battery manufacturing 4. EV charging stations
Mahindra & Mahindra is involved in the business activities of Manufacture of machinery for mining, quarrying and construction.
193,742
Current Price
₹1555.1
Market Cap Cr
18%
ROE
59.7
EPS
1293219
Volume
Category
Auto manufacturer
Tata Motors is an automobile giant that initiated its journey in its motherland (India) itself in the automobile industry in 1954.
212,732
Current Price
₹640.8
Market Cap Cr
5%
ROE
8.8
EPS
8622268
Volume
Category
Auto manufacturer
Hero Motocorp is involved in the business activities of Manufacture of motorcycles, scooters, mopeds etc. and their engine.
63,248
Current Price
₹3163.00
Market Cap Cr
16%
ROE
141.4
EPS
445252
Volume
Category
Auto manufacturer
Exide Inds. is involved in the business activities of Manufacture of batteries and accumulators.
21,284
Current Price
₹250.3
Market Cap Cr
7%
ROE
10.2
EPS
476419
Volume
Category
Battery manufacturing
Power Grid Corpo is involved in the business activities of Transmission of electric energy.
174,491
Current Price
₹250.35
Market Cap Cr
18%
ROE
22
EPS
3949112
Volume
Category
EV charging stations