Weekly EV Stock Performance (July 28 – Aug 1, 2025)
| Company | Segment | Estimated Price Move (₹ & %) | Key News / Sentiment |
|---|---|---|---|
| Tata Motors | EV OEM | ↓ modest to flat (sales down 11 % YoY; EV sales +42 %) | Mixed: EV growth offset by overall sales drop |
| TVS Motor | 2W OEM | ↑ slightly (+1 %-ish) | Benefiting from EV-3W growth, modest H1 outperformance |
| Exide Industries | Batteries | ↔ generally flat | In the EV‐segment top CAGR ranking, steady investor interest |
| Force Motors | Commercial EVs / components | ↑ strongly (H1 +142 %) | Outpaced peers H1; weekly likely positive momentum continues |
| Sona BLW | Auto components | ↑ up to 8 % | Talks with BYD on EV component supply lifted shares |
| Ola Electric | 2W OEM | ↓ continued weakness (near record low ~₹39.8) | Very weak sentiment; ~75 % off peaks |
Benchmark Comparison
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Nifty Auto Index: The auto sector saw muted movement; Mahindra & Mahindra dropped ~1.3 % on Aug 1 and underperformed peers.
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Nifty 50 Index: Flat to modestly down over the week, dragging broader sentiment.
EV-related stocks moderately outperformed the broader auto index, with some names like Force Motors & Sona BLW posting solid gains despite subdued macro markets.
Top 3 Gainers & Losers in EV Space
Gainers:
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Force Motors – exceptional H1 rally likely sustained weekly gains.
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Sona BLW – rose up to ~8.5 % after EV supply talks with BYD.
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TVS Motor – benefited from the electric 3‑wheeler momentum.
Losers:
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Ola Electric – again at fresh lows, nearly 75 % below August 2024 highs.
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Tata Motors – weighed down by an overall sales drop, offsetting EV gains.
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Exide Industries – modest performance, lacking a strong catalyst.
Notable News Highlights
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HSBC initiated coverage of Ather Energy on July 31 with a Buy rating and ₹450 target, citing strong execution and tech credentials despite overall low EV penetration.
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Tata Motors’ EV sales surged 42 % in July, though total passenger vehicle sales fell 11 % YoY, reflecting mixed fundamentals.
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Electric 3‑wheeler sales hit record highs in July, grabbing 62 % of the segment; EV momentum is strongest in 3‑Ws.
