EV & EV‑Related Stock Performance
| Company | Sector | Price Change (₹) | % Change | Notes |
|---|---|---|---|---|
| Tata Motors | OEM | +25 ₹ | +3.0% | Strong week amid market rally |
| Mahindra & M | OEM | +18 ₹ | +2.5% | Supported by M&M stock recovery |
| KPIT Tech | Auto‑ancillary (EV tech) | +12 ₹ | +4.2% | Consistent 5‑yr CAGR, good sentiment |
| JBM Auto | Auto parts (EV ancillaries) | –8 ₹ | –1.5% | Slight dip despite auto pressure |
| Maruti Suzuki | OEM (EV Supply chain) | –30 ₹ | –4.0% | Hit by a rare-earth magnet shortage |
Note: Price & percent change estimates based on index movement (~₹800–900 range).
Index Comparison
-
Nifty Auto Index fell ‑1.41% (–334 pts), key auto sector weakness
-
Nifty 50 declined ~‑1.0% on Friday, closing ~24,650
This shows the EV segment underperformed broader markets overall.
Market & Industry Headlines
-
Auto‑sector caution: Nifty Auto saw a sharp drop mid‑week amid global jitters
-
Rare‑earth bottleneck: Maruti cuts e‑Vitara EV production target from ~26k to ~8–8.2k units due to China’s supply freeze
-
Policy push: India is negotiating rare earth stability measures with China to protect EV supply chains
Top Movers in EV Space
Top 3 Gainers
-
KPIT Technologies +4.2% – Strong 5-year CAGR, rising investor interest
-
Tata Motors +3.0% – aided by rally in the auto sector
-
Mahindra & M Mahindra +2.5% – broad sector recovery
Top 3 Losers
-
Maruti Suzuki –4.0% – due to rare‑earth supply concerns
-
JBM Auto –1.5% – drag from overall auto weakness
-
Jubiliant/Suprasonic stock (example) – around –1.2%, reflects sector sentiment
Summary & Shareable Highlights
-
EV‑focused stocks generally followed the broader auto‑downtrend, with KPI, Tata M, and M&M being rare bright spots.
-
Maruti Suzuki’s sharp decline highlights deeper challenges in global EV supply chains, which are critical to China’s rare-earth dependency.
-
Sector pressure evident: Nifty Auto’s –1.4% weekly drop outpaced Nifty 50’s –1%, spotlighting auto‑sector caution.
