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
PB
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

₹31,545.00

HOLDMID CAP31301.83-5.4%1.19%127.59%192.54%46.1749.747.350.981.25%553.6 Cr20.85%74.84%418.04%4910.69.96%12.04%72.16%14.89%9.9%56.05%200.91%Consumer Cyclical93037.6915.97%20.3%844.1421674
imgHero MotoCorp Ltd

₹4,379.00

BUYMID CAP4593.58-31.41%-24.33%68.5%89.57%2037.235.240.962.97%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 Cyclical87586.8822.88%29.42%187.2469185
imgTata Motors Ltd

₹732.25

HOLDLARGE CAP800.48-32.84%-25.82%80.05%589.83%11.7437.237.421.290.89%8556 Cr55.99%-11.5%-350.55%1189276.28%1.31%57.91%6.4%46.77%-12.64%-258.67%Consumer Cyclical269575.0817.15%18.21%76.4919151889
imgBharat Forge Ltd

₹1,338.70

HOLDMID CAP1179.81-23.25%-16.47%103.17%278.86%66.7737.716.141.310.8%282.62 Cr32.82%79.03%-816.83%3852.610.85%21.47%147.5%5.8%19.82%47.38%-389.63%Basic Materials64001.7217.52%16.82%19.551606742
imgMinda Corporation Ltd

₹574.35

BUYSMALL CAP588.519.74%30.31%203.73%813.84%52.9449.745.771.280.33%41.73 Cr-35.16%-23.51%360.53%1321.265.48%8.16%96.42%4.84%-38.53%-29.28%134.46%Consumer Cyclical13731.5312.11%14.17%9.42551658
imgUniparts India Ltd

₹373.45

SMALL CAP-35.03%-27.63%-30.8%-30.8%19.1551.524.230.682.68%22.83 Cr19.28%-39.14%36.71%252.821.36%-16.58%26.18%10.94%-1.71%-27.05%8.35%Engineering1685.5226.81%28.37%27.6342549
imgOlectra Greentech Ltd

₹1,219.30

BUYSMALL CAP1485-38.22%-31.79%93.54%1567.99%72.1137.2316.871.440.02%20.69 Cr-55.62%17.58%874.6%448.92-12.89%5.81%310.17%6.81%-49.05%11.12%137.61%Communication Services10008.18.33%14.4%9.58311630
imgJBM Auto Ltd

₹731.60

SMALL CAP-29.75%250.55%1997.48%85.6249.7420.420.08%72.03 Cr27.6%54.82%292.96%1645.717.87%29.86%152.74%3.87%8.25%19.22%55.48%Consumer Cyclical17301.925.95%9.32%8.19302248
imgEndurance Technologies Ltd

₹2,513.50

BUYMID CAP2439.87-5.24%1.66%102.69%195.27%42.2749.746.760.590.46%245.13 Cr32.94%41.89%30.97%2963.493.65%16.32%56.42%6.64%28.26%21.98%-16.27%Consumer Cyclical35355.6116.47%21.97%48.3853440
imgMinda Corporation Ltd

₹574.35

BUYSMALL CAP588.519.74%30.31%203.73%813.84%52.9449.745.771.280.33%41.73 Cr-35.16%-23.51%360.53%1321.265.48%8.16%96.42%4.84%-38.53%-29.28%134.46%Consumer Cyclical13731.5312.11%14.17%9.42551658
imgGabriel India Ltd

₹644.05

HOLDSMALL CAP614.8360.42%54.8%454.02%586.99%37.7749.744.751.571.2%64.36 Cr7.07%1118.47%1073.155.57%1188.58%5.25%1.43%-5.44%Consumer Cyclical9251.3919.71%26.52%12.44244510
imgFiem Industries Ltd

₹1,898.10

BUYSMALL CAP2034.6740.44%46.86%269.51%1224.56%24.3849.743.390.991.75%58.88 Cr25.22%18.54%253.49%634.157.46%9.78%66.14%8.17%16.53%7.98%112.77%Consumer Cyclical4995.7320.16%26.42%6347064
imgHEG Ltd

₹527.15

BUYSMALL CAP45012.33%18.68%158.38%178.66%88.0158.131.721.211.22%-73.67 Cr-188.33%-41.46%-1837.35%542.2513.35%-2.93%90.64%13.01%-177.93%-39.69%-1011.31%Industrials10172.815.63%7.31%16.151277021
imgHimadri Speciality Chemical Ltd

₹490.35

BUYSMALL CAP50028.58%38.6%659.64%947.76%43.5559.655.881.370.14%155.46 Cr10.14%35.17%1321.51%1134.64-0.53%10.22%65.25%12.03%10.72%22.63%760.22%Basic Materials24207.6616.84%22.54%11.24800892

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

₹596.05

BUYLARGE CAP633.67-30.49%-21.87%123.91%1474.77%18.529.274.741.142599.23 Cr-11.59%-38.79%159.58%14237.44.14%11.62%102.82%22.68%-15.11%-45.16%27.99%Utilities229892.8526.75%21.83%33.0630085179
imgTata Motors Ltd

₹732.25

HOLDLARGE CAP800.48-32.84%-25.82%80.05%589.83%11.7437.237.421.298556 Cr55.99%-11.5%-350.55%1189276.28%1.31%57.91%6.4%46.77%-12.64%-258.67%Consumer Cyclical269575.0817.15%18.21%76.4919151889
imgAWL Agri Business Ltd

₹278.05

BUYMID CAP322.67-27.45%-19.15%-52.99%3.65%29.4959.960.8176.52 Cr-55.1%-69.17%-73.83%18229.598.26%-11.9%38.21%0.33%-58.53%-65.01%-81.06%FMCG36137.5613.78%20.03%1.314605354
imgInfosys Ltd

₹1,596.00

BUYLARGE CAP1641.44-1.51%6.7%12.04%126.72%24.7434.097.471.097038 Cr3.17%1.91%20.79%40925-2.01%6.06%33.99%16.41%5.28%-3.91%-9.85%Technology663012.4430.35%39.64%64.528591925
imgTata Steel Ltd

₹155.68

BUYLARGE CAP161.4-21.58%-14.15%56.94%397.06%56.8223.741.431.321200.88 Cr306.4%-164.64%-92.4%55706.994.65%-4.64%-10.42%1.45%288.34%-167.79%-91.51%Industrials194343.559%10.52%2.5422764080
imgYes Bank Ltd

₹20.83

SELLMID CAP16.45-20.67%-11.81%62.73%-30.1%26.3716.051.620.94744.53 Cr20.21%74.66%-136.84%9437.850.23%23.98%42.4%3.9%19.93%40.88%-125.87%Financial Services65324.632.45%NA0.4583741142
imgEternal Ltd

₹255.68

BUYLARGE CAP271.8632.43%38.94%278.79%102.92%426.136.951.2139 Cr-33.9%-136.15%-142.99%58337.92%71.13%507.58%2.9%-38.75%-121.12%-107.08%Technology246740.175.15%5.18%0.436662941
imgITC Ltd

₹427.00

BUYLARGE CAP500.53-4.62%-1.39%61.35%119.82%15.5827.437.410.6419807.88 Cr295.12%6.54%55.06%18565.05-0.08%-0.08%43.85%29.28%295.44%6.63%7.79%Consumer Defensive534352.9129.21%37.4%15.72255647633113041075
imgWipro Ltd

₹254.87

HOLDLARGE CAP247.65-0.68%7.07%14.27%139.43%20.2834.091.213588.1 Cr6.58%18.95%7.96%22504.20.83%-0.75%12.33%14.84%5.7%19.85%-3.89%Technology267135.1415.13%19.03%12.6210739851
imgHDFC Bank Ltd

₹1,965.30

BUYLARGE CAP2164.5417.94%25.59%48.15%102.9%21.1816.052.50.8518834.88 Cr6.67%39.27%101.24%120268.767.2%99.35%161.73%15.7%-0.49%-30.13%-23.11%Financial Services1505588.316.88%NA86.157766563

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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