The electric vehicle (EV) industry is a key part of the future of transportation. With increasing demand for eco-friendly vehicles and advancements in battery technology, the EV sector is poised for significant growth.
In this article, we will explore the Best EV Stocks in India.
Below is the list of Top EV Stocks based on Market Capitalization and Return:
| Name | Market Cap (Cr) | Close Price (Rs) | 1Y Return (%) |
| NTPC Ltd | 355,576.75 | 366.70 | 46.07 |
| Mahindra and Mahindra Ltd | 353,486.24 | 2,948.95 | 89.99 |
| Maruti Suzuki India Ltd | 344,563.21 | 10,959.30 | 3.72 |
| Tata Motors Ltd | 288,295.28 | 783.2 | 16.15 |
| Bajaj Auto Limited | 266,570.93 | 9,545.70 | 68.95 |
| Vedanta Ltd | 173,162.99 | 443.55 | 85.16 |
| Hindalco Industries Ltd | 143,102.59 | 640.00 | 28.69 |
| Eicher Motors Ltd | 136,119.10 | 4,965.45 | 29.09 |
| TVS Motor Company Ltd | 115,325.27 | 2,429.25 | 41.3 |
| Hero MotoCorp Ltd | 95,515.78 | 4775.8 | 42.72 |
Discover the Top EV Stocks in India and uncover exciting investment opportunities in this rapidly growing sector.
Best EV Stocks in India
Electric vehicle (EV) companies are at the forefront of revolutionizing the transportation industry with eco-friendly solutions. The following stocks represent key players in India’s EV sector, poised to benefit from the growing demand for sustainable mobility and advancements in electric vehicle technology.
Ready to dive into the world of EV investments? Explore our top picks for the Best EV Stocks in India today!
NTPC Ltd
NTPC Ltd is India’s largest power generation company, producing electricity from a mix of coal, gas, and renewable sources. With a focus on sustainable energy, NTPC is expanding its green energy capacity, positioning itself as a key player in India’s energy transition and the growing renewable sector.
Mahindra and Mahindra Ltd
Mahindra and Mahindra Ltd is a leading automobile manufacturer in India, known for its SUVs, electric vehicles, and tractors. The company has a strong presence in both domestic and international markets, with a focus on innovation, sustainability, and providing mobility solutions across various segments.
Maruti Suzuki India Ltd
Maruti Suzuki India Ltd is a leading car manufacturer, recognized for its wide range of affordable and fuel-efficient vehicles. A pioneer in the Indian automobile industry, the company has an extensive network and continues to dominate the market with a focus on innovation and customer satisfaction.
Tata Motors Ltd
Tata Motors Ltd is a global automobile manufacturer offering cars, trucks, buses, and electric vehicles. As part of the Tata Group, the company emphasizes sustainability, innovation, and cutting-edge technology. Tata Motors is expanding its electric vehicle portfolio, positioning itself as a key player in India’s green transportation sector.
Bajaj Auto Limited
Bajaj Auto Limited is one of India’s leading manufacturers of motorcycles, scooters, and three-wheelers. Known for its global presence, Bajaj Auto produces high-performance vehicles designed for diverse markets. The company is expanding its electric vehicle range to meet the growing demand for eco-friendly alternatives in the two-wheeler segment.
Vedanta Ltd
Vedanta Ltd is a diversified natural resources company with operations in mining, oil and gas, and metals. It is a key player in India’s resource industry, focusing on sustainable development and responsible mining. Vedanta is also investing in green initiatives to align with India’s clean energy goals.
Hindalco Industries Ltd
Hindalco Industries Ltd, part of the Aditya Birla Group, is a leading manufacturer of aluminum and copper products. The company serves various industries, including automotive, packaging, and power. Hindalco is committed to sustainability and green energy, with significant investments in recycling and low-carbon production technologies.
Eicher Motors Ltd
Eicher Motors Ltd is renowned for its premium motorcycle brand, Royal Enfield, and commercial vehicle manufacturing. Known for blending classic designs with modern technology, the company has a strong domestic and international presence. Eicher Motors is expanding its electric vehicle portfolio to tap into the growing demand for sustainable transportation.
TVS Motor Company Ltd
TVS Motor Company Ltd is a leading manufacturer of motorcycles, scooters, and electric vehicles. Known for its innovation and customer-centric approach, TVS focuses on providing sustainable and affordable mobility solutions. The company is expanding its electric vehicle offerings, aligning with the growing demand for eco-friendly transport solutions.
Hero MotoCorp Ltd
Hero MotoCorp Ltd is one of the largest manufacturers of motorcycles and scooters in India. With a strong focus on innovation, the company offers a wide range of fuel-efficient and high-performance vehicles. Hero is also investing in electric mobility to capitalize on the shift towards sustainable transportation in India.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time.
