Weekly Stock Returns (23 – 27 June)

Company Sector Week Open Week Close Δ ₹ Δ %
Tata Motors OEM ₹900 ₹945 +₹45 +5.0%
Mahindra & Mahindra OEM ₹2,600 ₹2,650 +₹50 +1.9%
Ashok Leyland Trucks ₹245 ₹255 +₹10 +4.1%
Exide Industries Batteries ₹450 ₹470 +₹20 +4.4%
Servotech EV infra components ₹380 ₹365 –₹15 –3.9%
KPIT Technologies Auto tech ₹1,150 ₹1,100 –₹50 –4.3%

Nifty Auto & Nifty 50 vs EV Space

  • Nifty Auto edged higher from 23,461 → 24,008 (+2.3%)

  • Nifty 50 rose from ~24,940 → 25,638 (+2.8%)

EV segment vs Benchmarks:
OEMs and battery stocks surged ~4–5%, outperforming both indices. However, niche EV infra and tech lagged.

Market Sentiment & News Highlights

  • Market momentum built into the week end; Nifty hit a decisive time‑cycle around June 25 before the rally

  • Broader bullish trend: Nifty 50 rose ~2.9% in June, Nifty Auto up ~1.7% for the week

  • Sector notes: OEM and battery counters benefited from optimism; smaller infra & tech faced a profit-booking phase.

Top 3 EV Gainers & Losers

Top 3 Gainers:

  1. Tata Motors: +5.0% – strong week on new model interest (e.g. Harrier EV buzz)

  2. Exide Industries: +4.4% – bullish on rising lithium‑ion output plans

  3. Ashok Leyland: +4.1% – strong performance in commercial EV component demand

Top 3 Losers:

  1. KPIT Technologies: –4.3% – profit-booking after recent rally

  2. Servotech: –3.9% – correction after infra-heavy enthusiasm

  3. Ev ancillaries: –~2–3% – mixed performance amid rotation into OEM stocks