EV Stocks

EV stocks are stocks of companies that are involved in the design, development, manufacturing, and distribution of electric vehicles (EVs), as well as their components and charging infrastructure

List of Best EV Stocks to Invest in 2024

Name
Price
Analyst Rating
M Cap
Target Price
Alpha
1Y Return
3Y Return
5Y Return
PE
Industry PE
Beta
Div Yld
Net Profit Qtr
Net Profit QoQ %
Net Profit YoY %
Net Profit 3Y Change %
Rev Qtr (in Cr)
Rev QoQ (in %)
Rev 1Y change %
Rev 3Y change %
Profit Mar Qtr
Profit Mar QoQ
Profit Mar 1Y Change%
Profit Mar 3Y Change%
Sector
M Cap
ROE
ROCE
EPS
Volume
imgBosch Ltd

₹31,515.00

HOLDMID CAP30695-7.52%2.05%122.53%237.18%45.8846.650.811.25%458.1 Cr-14.52%74.84%418.04%4465.71.62%12.04%72.16%14.89%-15.88%56.05%200.91%Consumer Cyclical92949.2115.97%20.3%844.1425442
imgHero MotoCorp Ltd

₹4,241.60

BUYMID CAP4583.8-25.64%-16.07%61.6%100.12%19.3738.220.732.97%1168.75 Cr5.45%33.65%27.46%9969.81-2.83%10.63%22.06%9.9%8.51%20.81%4.42%Consumer Cyclical84838.6622.88%29.42%187.2842529
imgTata Motors Ltd

₹718.90

BUYLARGE CAP802.5-33.99%-24.43%70.58%754.82%11.5238.221.190.58%8556 Cr55.99%1082.46%-344.36%1189276.28%26.58%75.32%7.26%46.77%834.16%-239.39%Consumer Cyclical264652.1619.5%14.69%82.9914472506
imgBharat Forge Ltd

₹1,227.40

HOLDMID CAP1179.81-27.85%-18.29%77.73%320.92%61.2235.51.350.8%282.62 Cr32.82%79.03%-816.83%3852.610.85%21.47%147.5%5.8%19.82%47.38%-389.63%Basic Materials58680.617.52%16.82%19.55786186
imgMinda Corporation Ltd

₹501.35

BUYSMALL CAP638.58.37%17.94%149.06%739.08%43.0346.651.170.33%64.36 Cr-9.06%-23.51%360.53%1252.56-2.9%8.16%96.42%4.84%-6.34%-29.28%134.46%Consumer Cyclical11986.2512.11%14.17%9.42107081
imgUniparts India Ltd

₹332.20

SMALL CAP-47.02%-37.46%-38.44%-38.44%15.9150.780.632.68%19.14 Cr-9.5%-39.14%36.71%208.31-13.71%-16.58%26.18%10.94%4.88%-27.05%8.35%Engineering1499.3426.81%28.37%27.6332537
imgOlectra Greentech Ltd

₹1,263.10

BUYSMALL CAP1485-35.45%-25.89%123.8%2119.86%78.8538.221.410.02%46.62 Cr-2.16%17.58%874.6%515.37-1.58%5.81%310.17%6.81%-0.59%11.12%137.61%Communication Services10367.628.33%14.4%9.58512105
imgJBM Auto Ltd

₹719.25

SMALL CAP-29.98%-20.42%208.62%2171.79%84.1746.651.450.08%72.03 Cr27.6%54.82%292.96%1645.717.87%29.86%152.74%3.87%8.25%19.22%55.48%Consumer Cyclical17009.855.95%9.32%8.19687407
imgEndurance Technologies Ltd

₹2,215.60

BUYSMALL CAP2326.86-3.23%6.34%70.06%251.71%37.2646.650.580.46%245.13 Cr32.94%41.89%30.97%2963.493.65%16.32%56.42%6.64%28.26%21.98%-16.27%Consumer Cyclical31165.2616.47%21.97%48.38168658
imgMinda Corporation Ltd

₹501.35

BUYSMALL CAP638.58.37%17.94%149.06%739.08%43.0346.651.170.33%64.36 Cr-9.06%-23.51%360.53%1252.56-2.9%8.16%96.42%4.84%-6.34%-29.28%134.46%Consumer Cyclical11986.2512.11%14.17%9.42107081
imgGabriel India Ltd

₹619.90

BUYSMALL CAP563.6756.29%65.86%451.76%714.59%36.3646.651.21.2%64.36 Cr7.07%1118.47%1073.155.57%1188.58%5.25%1.43%-5.44%Consumer Cyclical8904.4919.71%26.52%12.44279867
imgFiem Industries Ltd

₹1,597.30

BUYSMALL CAP1712.3322.39%31.95%249.69%1162.69%21.8646.651.131.75%47.02 Cr-6.3%18.54%253.49%590.12-2.86%9.78%66.14%8.17%-3.54%7.98%112.77%Consumer Cyclical4204.0420.16%26.42%6340775
imgHEG Ltd

₹494.45

BUYSMALL CAP450-13.31%-3.75%130.43%231.45%82.5556.351.161.22%-73.67 Cr-188.33%-41.46%-1837.35%542.2513.35%-2.93%90.64%13.01%-177.93%-39.69%-1011.31%Industrials9541.775.63%7.31%16.153403597
imgHimadri Speciality Chemical Ltd

₹463.05

SMALL CAP17.66%27.23%590.6%896.88%41.1257.761.20.17%155.46 Cr10.14%90.25%768.8%1134.64-0.53%0.31%149.18%9.81%10.72%89.66%248.66%Basic Materials22859.9115.82%19.15%8.34695679

Future of EV Stocks

The future of EV stocks appears bright. Rising fuel prices, increasing environmental concerns, and government support are expected to propel the EV market forward. Additionally, technological advancements in batteries and charging infrastructure will further boost EV adoption.

Who Should Invest in EV Stocks

EV stocks are a good fit for investors seeking:

  • Exposure to the clean energy revolution: Be a part of the shift towards sustainable transportation solutions.
  • Long-term growth potential: The EV market is poised for significant expansion in the coming years.
  • High-risk, high-reward opportunities: While the potential rewards are high, EV stocks also involve a higher degree of risk compared to established sectors.

Benefits of Investing in EV Stocks

  • High-Growth Potential: The EV market is in its early stages of growth, offering the potential for significant returns on investment.
  • Government Support: Government policies promoting EV adoption create a favorable environment for EV companies to thrive.
  • Alignment with Sustainability Goals: By investing in EV stocks, you contribute to a cleaner and greener future.

Factors Affecting EV Stocks

  • Government Policies: Changes in government policies related to subsidies, taxes, and charging infrastructure can impact EV company performance.
  • Battery Technology: Advancements in battery technology that improve range and reduce charging times will benefit EV stocks.
  • Competition: The increasing number of players in the EV market can lead to price competition and affect margins.

Points to Consider Before Investing

  • Company Fundamentals: Analyze the financial health, production capacity, and future expansion plans of the EV company before investing.
  • Investment Horizon: EV stocks are a good fit for long-term investors considering the projected market growth.
  • Overall Portfolio Diversification: While EV stocks hold promise, don't put all your eggs in one basket. Spread your investments across different sectors.

How to Invest in EV Stocks via INDmoney

  • Open a Demat account with INDmoney if you don't have one already.
  • Search for companies listed under the "Electric Vehicles" sector or those with a significant EV production segment.
  • Analyze the company's profile and financials before investing.
  • Place a buy order for the desired quantity of shares.

Check More Stocks

Name
Price
Analyst Rating
M Cap
Target Price
Alpha
1Y Return
3Y Return
5Y Return
PE
Industry PE
PB
Beta
Net Profit Qtr
Net Profit QoQ %
Net Profit YoY %
Net Profit 3Y Change %
Rev Qtr (in Cr)
Rev QoQ (in %)
Rev 1Y change %
Rev 3Y change %
Profit Mar Qtr
Profit Mar QoQ
Profit Mar 1Y Change%
Profit Mar 3Y Change%
Sector
M Cap
ROE
ROCE
EPS
Volume
imgAdani Power Ltd

₹556.20

BUYLARGE CAP633.67-27.78%-18.21%69.65%1523.94%17.2626.416.881.542599.23 Cr-11.59%94.18%1540.09%14237.44.14%29.86%92.02%41.37%-15.11%49.53%754.11%Utilities214522.9455.41%30.81%543431206
imgTata Motors Ltd

₹718.90

BUYLARGE CAP802.5-33.99%-24.43%70.58%754.82%11.5238.2212.631.198556 Cr55.99%1082.46%-344.36%1189276.28%26.58%75.32%7.26%46.77%834.16%-239.39%Consumer Cyclical264652.1619.5%14.69%82.9914472506
imgAWL Agri Business Ltd

₹262.35

BUYMID CAP322.67-33.28%-23.71%-64.38%-2.2%27.82137.55.040.94176.52 Cr-55.1%-69.17%-73.83%18229.598.26%-11.9%38.21%0.33%-58.53%-65.01%-81.06%Edible Oil34097.073.42%9.6%1.311638768
imgInfosys Ltd

₹1,560.60

BUYLARGE CAP1645.95-0.75%8.82%6.28%132.16%24.234.017.470.917038 Cr3.17%1.91%20.79%40925-2.01%6.06%33.99%16.41%5.28%-3.91%-9.85%Technology648256.8930.35%39.64%64.527143998
imgTata Steel Ltd

₹158.69

BUYLARGE CAP160.73-18.55%-8.98%55.12%459.36%57.9225.881.431.411200.88 Cr306.4%-160.8%-159.95%55706.994.65%-5.83%46.63%-2.14%288.34%-164.56%-140.88%Industrials198101.097.79%13.67%-3.9458061639
imgYes Bank Ltd

₹20.82

SELLMID CAP16.36-20.02%-10.45%51.42%-22.6%26.3516.571.620.97744.53 Cr20.21%74.66%-136.84%9437.850.23%23.98%42.4%3.9%19.93%40.88%-125.87%Financial Services65283.562.45%NA0.45116009986
imgEternal Ltd

₹228.28

LARGE CAP11.15%20.72%300.14%81.17%380.476.950.9939 Cr-33.9%-136.15%-142.99%58337.92%71.13%507.58%2.9%-38.75%-121.12%-107.08%Technology220298.25.15%5.18%0.445891392
imgITC Ltd

₹434.90

BUYLARGE CAP508.55-3.83%0.02%58.43%130.17%28.0127.977.410.625013.18 Cr-0.82%6.54%55.06%18580.36-6.35%-0.08%43.85%29.28%5.91%6.63%7.79%Consumer Defensive544239.0729.21%37.4%15.7225564763319868414
imgWipro Ltd

₹249.71

HOLDLARGE CAP247.65-1.21%8.36%7.17%164.1%19.8734.014.341.053588.1 Cr6.58%-2.24%2.25%22504.20.83%-0.8%44.93%12.38%5.7%-1.45%-29.45%Technology261610.8615.13%19.03%10.63521270425419366429
imgHDFC Bank Ltd

₹1,914.90

BUYLARGE CAP2156.8121.7%31.27%46.85%122.78%20.6316.572.50.8818834.88 Cr6.67%39.27%101.24%120268.767.2%99.35%161.73%15.7%-0.49%-30.13%-23.11%Financial Services1466441.216.88%NA86.1511939545

Frequently Asked Questions

Is diversification important when investing in EV stocks?

Yes, diversification is crucial. While EV stocks offer potential, spread your investments across different sectors to manage risks.

How do EV sector stocks perform during economic downturns?

The impact of economic downturns on EV stocks can vary. However, the long-term growth potential of the EV market can provide some resilience during such periods.

Is it worth investing in EV Sector Stocks?

EV stocks hold promise due to the government's push for clean energy and the growing EV market. However, careful research and portfolio diversification are essential.

How do changes in government policies and regulations affect EV stocks?

Government policies significantly impact EV stocks. Favorable policies can boost the sector, while unfavorable changes can lead to a decline.

How do I analyze the financial performance of EV stocks before investing?

Analyze the company's financial statements, production capacity, debt levels, and future expansion plans to assess its investment potential.

Is it worth investing in EV Sector Stocks?

The decision depends on your risk tolerance and investment goals. With proper research and portfolio diversification, EV stocks can be a valuable addition to your investment strategy.

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