Top EV & EV-Related Stocks
| Company | Weekly Change | ₹ Change | Key Highlights |
|---|---|---|---|
| Tata Motors | +0.27% | +₹1.80 | Continued momentum in the EV segment; positive investor sentiment. |
| Mahindra & Mahindra | +1.42% | +₹18.50 | Strong performance in EV and SUV segments; investor confidence remains high. |
| TVS Motor Company | +1.12% | +₹7.20 | Gains are attributed to robust EV sales growth. |
| Bajaj Auto | +0.68% | +₹10.10 | Steady performance with consistent EV demand. |
| Exide Industries | +2.40% | +₹4.50 | Positive outlook driven by growth in the battery segment. |
| Amara Raja Batteries | +1.85% | +₹3.90 | Benefit from increased demand in the EV battery market. |
| Tata Power | +0.95% | +₹2.30 | Expansion in EV charging infrastructure boosts investor confidence. |
| HBL Power Systems | +1.10% | +₹1.20 | Gains driven by growth in energy storage solutions. |
| Greaves Cotton | +0.75% | +₹0.80 | Moderate gains amid stable performance in the EV sector. |
| Ola Electric | -9.80% | -₹12.50 | Shares plummeted due to widening Q4 losses and a 62% drop in revenue. |
Index Comparison
| Index | Weekly Change |
|---|---|
| Nifty Auto | +2.76% |
| Nifty 50 | +1.79% |
EV stocks outperformed the broader market, with the Nifty Auto index leading gains.
Top 3 Gainers
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Exide Industries: +2.40%
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Mahindra & Mahindra: +1.42%
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Amara Raja Batteries: +1.85%
Top 3 Losers
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Ola Electric: -9.80%
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Greaves Cotton: +0.75% (Note: While positive, it’s among the lowest gainers.)
-
HBL Power Systems: +1.10% (Note: Also a lower gainer compared to peers.)
Market Sentiment & News Highlights
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Ola Electric’s Decline: The company’s shares fell nearly 10% after reporting a ₹870 crore loss in Q4 and a 62% decline in revenue, raising concerns about its market position.
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Foreign Investor Caution: Foreign investors have initiated significant short positions on Nifty index futures, indicating a cautious outlook on the Indian stock market rally.
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Market Consolidation: Analysts suggest that while the broader market trend remains intact, short-term risks are rising, leading to a consolidation phase.
Note: This tracker is based on available data up to May 30, 2025. For the most accurate and up-to-date information, please refer to official financial sources or consult with a financial advisor.
