Weekly Stock Returns (23 – 27 June)
Company | Sector | Week Open | Week Close | Δ ₹ | Δ % |
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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
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Nifty Auto edged higher from 23,461 → 24,008 (+2.3%)
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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
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Market momentum built into the week end; Nifty hit a decisive time‑cycle around June 25 before the rally
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Broader bullish trend: Nifty 50 rose ~2.9% in June, Nifty Auto up ~1.7% for the week
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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:
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Tata Motors: +5.0% – strong week on new model interest (e.g. Harrier EV buzz)
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Exide Industries: +4.4% – bullish on rising lithium‑ion output plans
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Ashok Leyland: +4.1% – strong performance in commercial EV component demand
Top 3 Losers:
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KPIT Technologies: –4.3% – profit-booking after recent rally
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Servotech: –3.9% – correction after infra-heavy enthusiasm
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Ev ancillaries: –~2–3% – mixed performance amid rotation into OEM stocks