5 Best EV stocks to buy in 2024

[{"selector":"#anim-bea3083b-93a2-4655-acb9-ae81716f13b7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] By : 5paisa 12 September 2024

[{"selector":"#anim-141a04ac-44d8-47f5-ac9a-d6be1631cdd8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-56bccf31-ace2-4c11-aa0c-b49a91162819","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b9786980-e06f-4cf0-b66b-6636688d6c17","keyframes":{"transform":["translate3d(0px, -368.9739%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-93fdc01f-24f5-4ca4-98ef-06cb2b67287f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Tata Motors is a leading EV player in India, rapidly expanding its electric vehicle lineup, with a CMP of ₹986 and an ROE of 49.4%. Check Share Price

[{"selector":"#anim-1c695068-b885-4fd9-95a0-11f8bf93a948 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-eaf9beae-ebf1-449b-9428-cbab934ec335","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-876b376a-8342-4d94-8f86-6ff3db3049a2","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0c1e05ab-a12d-42d0-9436-6805c6b3fb35","keyframes":{"transform":["translate3d(0px, -367.33455%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Mahindra & Mahindra is investing heavily in electric mobility, focusing on EVs, with a CMP of ₹2,742 and an ROE of 18.4%. Check Share Price

[{"selector":"#anim-9e6a0485-ade2-40f9-b3fe-a263aadcb4db","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1ded0a19-477f-4e08-b233-e1e2c7f6c8c1","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8e8c912e-2ad0-4ea3-b166-b5c771ab9501","keyframes":{"transform":["translate3d(0px, -424.32828%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eaabee6d-3d52-4c68-b35e-620fb7f43db4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Hero MotoCorp is transitioning to the electric two-wheeler market, with a CMP of ₹5,803 and an ROE of 22%. Check Share Price

[{"selector":"#anim-fabcd3a1-8443-4aed-8c22-8c7b0c426350","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-47ff89ea-f83c-47e3-b210-1ccc4dc03f6b","keyframes":{"transform":["translate3d(0px, 765.93807%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3497baa5-2e2d-44e9-934f-c94dbdc9a2a3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b15950df-ab60-4d20-9206-9846ad7e5b84","keyframes":{"transform":["translate3d(0px, -571.63723%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f4f2d15d-1829-421c-a6f8-c3009f2d4b71 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Open Free Demat Account in just 5 Minutes! Start Investing Today Open Demat Account

[{"selector":"#anim-9e9f105d-108c-47a4-80e6-1b326e88751b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d9b9c9cc-9710-4e8b-9f62-d1c0488e23a8","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0c219946-df36-4074-aa8c-087f6b267625","keyframes":{"transform":["translate3d(0px, -368.9739%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d2fe8abc-8cad-47ec-bbb1-4f499e56d11c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] TVS Motor Company is growing its electric two-wheeler segment, delivering robust returns, with a CMP of ₹2,823 and an ROE of 26.6%. Check Share Price

[{"selector":"#anim-b9cafef2-fe36-44f6-9019-a7fdd4fa82c8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-fd7a4922-8b6e-41c6-96cb-c3648236b582","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-741962fd-0e39-4ccc-9653-431fa05f742f","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3d63974a-75cb-473b-832a-ceb96bdfebbe","keyframes":{"transform":["translate3d(0px, -370.06678%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Exide Industries is a major player in battery manufacturing, supplying to the EV sector, with a CMP of ₹480 and an ROE of 7.05%. Check Share Price

[{"selector":"#anim-d012a1ec-3764-4de8-beb1-8946f6e9dc77","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-251c7e8b-6683-47e2-8baf-b7e3641e2fc1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-86ba7507-454e-42e7-a817-c813123ca7f6","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b6f3edd5-8bed-48ac-9a03-d1a48b18a4f3","keyframes":{"transform":["translate3d(0px, -236.03225%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a55bc53a-b277-4889-88b4-edff56e8380e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-0b3bcb35-d8bb-4498-9a7b-d8c20b637b9f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-91585a71-6666-4012-b0ec-0565a798df59","keyframes":{"transform":["translate3d(0px, -554.00514%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Investment/Trading in securities market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equities and Derivatives can be substantial. Disclaimer

[{"selector":"#anim-fd79d2d2-fc23-4d34-976a-40eedce68e7f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-30a8dc53-4442-43cf-85ee-93a98c46086e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e68b0418-2fe8-49b2-ac33-6934920356bb","keyframes":{"transform":["translate3d(-133.73983%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ea7de6f9-e973-4706-b4a9-40e08720a51f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Read Next Best Paint Stocks to Buy in 2024 More Web-Stories