Weekly EV Stocks Snapshot (₹)
| Company | Ticker | Price Change (%) | Price Change (₹) | Notes |
|---|---|---|---|---|
| Tata Motors (Electrics + ICE) | TATAMTRDVR | –3.8% | –₹15.7 | Weak JLR margin guidance dragged sentiment; the market slipped mid-week |
| Mahindra & Mahindra | M_M | +2.5% | +₹25.4 | Auto index rose; M&M gained post-antitrust approval for Isuzu deal |
| Exide Industries (Battery) | EXIDEIND | +1.0% est. | +₹4 | Battery & ancillary segment steadied with auto recovery |
| Amara Raja Batteries | AMARAJABAT | +0.8% est. | +₹3 | Benefited from broader EV sentiment and supply chain optimism |
(Price change est. based on benchmark movements and peer trends)
Market Indices: EV vs Broader
-
Nifty Auto:
Closed at 23,679 (+1.04%) for the week -
Nifty 50:
Recovered sharply to 25,112 (+1.5%) by Friday
Insight: EV-related names mirrored Nifty Auto’s rebound pattern, with M&M and battery firms seeing steady gains, while Tata Motors lagged.
Sentiment & News Highlights
-
Geopolitical volatility (Iran‑Israel tensions) triggered mid-week profit-booking, cooling auto and metal stocks.
-
Late‐week rebound: Positive RBI and domestic cues helped indices close out the week on a strong note.
-
M&M Isuzu deal approved: Lifted stock amid EV/ICE synergy hopes .
Top 3 EV‑space Movers
Gainers
-
Mahindra & Mahindra: +2.5% — Lead rally in auto index support.
-
Exide Industries: +1.0% — Ancillary/battery tailwinds.
-
Amara Raja Batteries: +0.8% — Follows sector momentum.
Losers
-
Tata Motors: –3.8% — Profit booking + cautious JLR outlook.
-
Tier‑1 auto ancillaries: –1% (~est.) — Slight drag amid broader autoworking pullback.
-
Charging infra names: Flat to –0.5% — Awaiting sector‐specific catalysts.
Quick Takeaways
-
Auto index outperformed, with EV-related firms following suit—except for Tata Motors, which was weighed down by JLR concerns.
-
Geopolitical jitters mid-week impacted overall equities, but a strong Friday bounce offset the losses.
-
Watchlist: RBI policy signals, crude oil trends, and upcoming earnings (especially Tata Motors & battery firms).
