Weekly Performance Summary
| Company | Price End | Weekly Δ ₹ | Δ % | Notes/News |
|---|---|---|---|---|
| Tata Motors | ~₹689 | +₹2 (~0.3%) | +0.3% | June sales down 11% YoY; Harrier EV launched 3 Jun |
| Motherson Sumi | ~₹150* | +₹5 (?) | +3–4% | Selected as key EV‑ancillary stock for July |
| Tata Power | ~₹415* | –₹7 (?) | –1.7% | Weak broader auto sentiment; rare‑earth worries |
| Exide Industries | ~₹230* | +₹3 (?) | +1.3% | Gaining from improving battery demand |
| Ola Electric (Olectra) | ~₹66.5 | –₹5.5 | –7.6% | Down 72% from 2024 high |
| Supertech EV | ₹63.11 | –₹3.32 | –5.0% | IPO‑listed on 4 Jul, immediately down |
Index Comparison
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Nifty 50 returned +0.2% this week.
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Nifty Auto was flat to marginally down (~–0.1%).
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EV stocks generally underperformed the broader market.
Top 3 Gainers & Losers
Gainers:
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Motherson Sumi +4% – buoyed by EV‑ancillary optimism.
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Exide Industries +1.3% – improved battery demand.
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Tata Motors +0.3% – steady launch momentum despite sales dip.
Losers:
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Ola Electric –7.6% – intense post‑IPO decline.
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Supertech EV –5.0% – weak debut performance.
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Tata Power –1.7% – pressure from supply‑chain concerns.
Market Sentiment & Highlights
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Tata Motors reported an 11% drop in June sales (67,475 units vs. 75,604 YoY), yet the electrification push continues: it launched the Tata Harrier EV .
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The EV industry faces risks associated with rare-earth materials, as China-imposed export curbs threaten supply chains for key components.
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Ola Electric, after a blistering IPO, has sustained a 72% correction from its record high.
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Motherson Sumi included in July’s top EV stock watchlist.
