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Best EV Stocks In India English

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Best EV Stocks In India – Electric Vehicle Stocks 2025

The table below shows the Best EV Stocks In India based on Market Capitalization.

Stock NameMarket Cap (₹ Cr)Close Price (₹)1Y Return (%)
Reliance Industries Ltd16,71,045.071,234.85-14.98
Maruti Suzuki India Ltd4,00,056.8412,724.3518.81
Mahindra and Mahindra Ltd3,70,060.743,085.9585.85
Tata Motors Ltd2,49,492.6677.75-25.65
Bajaj Auto Limited2,44,685.528,762.0011.9
Eicher Motors Ltd1,36,317.154,972.3528.42
TVS Motor Company Ltd1,17,971.922,485.0022.07
Samvardhana Motherson International Ltd90,500.83128.6212.43
CG Power and Industrial Solutions Ltd89,897.5258833.8
Hero MotoCorp Ltd81,715.434,085.55-12.84

Table of Contents

Introduction to Electric Vehicle Share List

Reliance Industries Ltd

The Market Cap of Reliance Industries Ltd is ₹16,71,045.07 crore. The stock’s 1-month return is 2.03%, while its 1-year return is -14.98%. It is currently 30.28% away from its 52-week high.

Reliance Industries Ltd is a diversified conglomerate with interests spanning energy, petrochemicals, retail, and digital services. Known for its innovation and market leadership, the company consistently leverages technology to deliver superior products and services across multiple sectors.

The company’s commitment to sustainable growth and environmental responsibility underscores its strategic goals. It continues to expand its global presence, enhancing India’s position in global markets while fostering domestic development and creating significant employment opportunities.

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Maruti Suzuki India Ltd

The Market Cap of Maruti Suzuki India Ltd is ₹4,00,056.84 crore. The stock’s 1-month return is 11.79%, while its 1-year return is 18.81%. It is currently 7.51% away from its 52-week high.

Maruti Suzuki India Ltd is the leading automobile manufacturer in India, known for its extensive range of cars and vehicles. Established in 1981, the company has played a pivotal role in making car ownership accessible to millions of Indians.

The company focuses on innovation and customer satisfaction, producing popular models like Alto, Swift and Baleno. With a strong emphasis on fuel efficiency and safety, Maruti Suzuki continues to dominate the Indian market while expanding its presence in electric vehicles.

Mahindra and Mahindra Ltd

The Market Cap of Mahindra and Mahindra Ltd is ₹3,70,060.74 crore. The stock’s 1-month return is 2.76%, while its 1-year return is 85.85%. It is currently 5.99% away from its 52-week high.

Mahindra and Mahindra Ltd is a leading Indian multinational company primarily involved in automotive manufacturing and agriculture equipment. Established in 1945, it is known for producing SUVs, commercial vehicles and tractors and has expanded into IT, finance and hospitality.

The company is recognised for its innovation in electric vehicles and sustainable mobility solutions. It operates globally with a strong presence in markets like the USA, South Africa and Australia. Mahindra’s diverse portfolio contributes significantly to India’s industrial growth.

Tata Motors Ltd

The Market Cap of Tata Motors Ltd is ₹2,49,492.6 crore. The stock’s 1-month return is -9.17%, while its 1-year return is -25.65%. It is currently 73.96% away from its 52-week high.

Tata Motors Ltd is a leading Indian automotive manufacturer and part of the Tata Group. Established in 1945, it produces a wide range of vehicles, including cars, trucks, buses and defence vehicles, with operations in over 125 countries.

The company is recognised for its innovation in electric vehicles and sustainable technologies. Tata Motors’ acquisition of Jaguar Land Rover has expanded its global footprint, making it a key player in the premium vehicle segment. It continues to drive India’s automotive industry forward.

Bajaj Auto Limited

The Market Cap of Bajaj Auto Limited is ₹2,44,685.52 crore. The stock’s 1-month return is 1.69%, while its 1-year return is 11.9%. It is currently 45.79% away from its 52-week high.

Bajaj Auto Ltd is a prominent Indian automotive manufacturer established in 1945. Known for its motorcycles, scooters and three-wheelers, the company has become a key player in both domestic and international markets, exporting vehicles to over 70 countries.

The company emphasises innovation and sustainability, investing in electric mobility solutions and advanced technology. Bajaj Auto’s popular models, such as the Pulsar and Dominar, have solidified its reputation for performance and quality, driving growth in India’s two-wheeler segment.

Eicher Motors Ltd

The Market Cap of Eicher Motors Ltd is ₹1,36,317.15 crore. The stock’s 1-month return is 6.3%, while its 1-year return is 28.42%. It is currently 12.13% away from its 52-week high.

Eicher Motors Ltd is a prominent Indian automotive manufacturer, founded in 1982, known for its commercial vehicles and motorcycles. The company is the parent of Royal Enfield, a brand famous for its iconic motorcycles, blending heritage with modern technology.

Eicher Motors focuses on innovation, sustainability and quality, expanding its product offerings to meet diverse consumer needs. The company is also committed to enhancing its presence in the electric vehicle segment, aiming to contribute significantly to India’s automotive industry and sustainable mobility solutions.

TVS Motor Company Ltd

The Market Cap of TVS Motor Company Ltd is ₹1,17,971.92 crore. The stock’s 1-month return is 12.46%, while its 1-year return is 22.07%. It is currently 19.03% away from its 52-week high.

TVS Motor Company Ltd is one of India’s leading two-wheeler and three-wheeler manufacturers, established in 1978. The company is known for its diverse range of motorcycles, scooters and electric vehicles, catering to various customer preferences and market segments.

With a strong focus on innovation and sustainability, TVS Motor Company invests in research and development to enhance performance and fuel efficiency. Its popular models, such as Apache and Jupiter, have earned significant market recognition, contributing to the company’s growth both domestically and internationally.

Samvardhana Motherson International Ltd

The Market Cap of Samvardhana Motherson International Ltd is ₹90,500.83 crore. The stock’s 1-month return is -4.97%, while its 1-year return is 12.43%. It is currently 68.71% away from its 52-week high.

Samvardhana Motherson International Ltd is a leading global supplier of automotive components. It specialises in providing cutting-edge solutions in electrical distribution systems, mirrors, and polymer products, meeting the evolving needs of the automobile industry.

The company’s extensive global footprint ensures seamless integration of innovative technologies and manufacturing excellence. It remains dedicated to delivering superior quality, driving its reputation as a reliable partner to top automobile manufacturers worldwide.

CG Power and Industrial Solutions Ltd

The Market Cap of CG Power and Industrial Solutions Ltd is ₹89,897.52 crore. The stock’s 1-month return is -6.99%, while its 1-year return is 33.8%. It is currently 48.76% away from its 52-week high.

CG Power and Industrial Solutions Ltd, a leading semiconductor company, specialises in electrical equipment and automation solutions. Its cutting-edge technologies cater to diverse industrial and infrastructure needs, enhancing efficiency and reliability across applications.

The company continues to innovate in power systems, delivering smart and sustainable solutions. Its commitment to excellence and environmental responsibility positions it as a preferred partner in the energy and industrial sectors globally.

Hero MotoCorp Ltd

The Market Cap of Hero MotoCorp Ltd is ₹81,715.43 crore. The stock’s 1-month return is 2.35%, while its 1-year return is -12.84%. It is currently 52.89% away from its 52-week high.

Hero MotoCorp Ltd is one of the largest two-wheeler manufacturers, renowned for its fuel-efficient and technologically advanced motorcycles. The company’s customer-centric approach has helped it maintain a dominant position in the Indian and global markets.

As part of its commitment to sustainable mobility, Hero MotoCorp Ltd is expanding its electric vehicle lineup. The company continues to innovate with cutting-edge features and superior riding experiences, catering to evolving consumer demands.

What Are EV Stocks In India?

EV stocks in India represent shares of companies involved in the electric vehicle industry. These can include manufacturers of electric vehicles, battery producers and suppliers of essential EV components. Investing in such stocks allows investors to be part of the growing EV sector.

The rise of electric vehicles is driven by a global shift towards sustainable and eco-friendly transportation solutions. In India, government policies and environmental concerns are pushing for the adoption of electric vehicles, making EV stocks an attractive option for long-term growth.

As the demand for electric vehicles increases, companies that produce EVs or supply key technologies benefit from the expanding market. EV stocks, therefore, provide opportunities for investors to capitalize on the shift toward cleaner energy and green mobility.

The main features of EV-related stocks in India include strong growth potential, driven by the transition to clean energy and government policies supporting electric vehicle adoption. These stocks also tend to reflect innovation, sustainability and the integration of new technologies into the automotive sector.

  • Growth Potential: EV-related stocks have high growth prospects as the demand for electric vehicles increases. The government’s push for electric mobility and growing environmental awareness among consumers fuel this growth, offering long-term investment opportunities.
  • Innovation-driven: Companies in the EV sector are often at the forefront of technological advancements. Investments in research and development lead to better battery technology, charging infrastructure and overall vehicle performance, making EV-related stocks attractive for tech-forward investors.
  • Sustainability Focus: EV-related stocks align with the global push for sustainability. As the world moves away from fossil fuels, these companies play a key role in creating environmentally friendly transportation solutions, making them appealing to socially conscious investors.
  • Government Support: The Indian government offers incentives, subsidies and favourable policies to encourage the adoption of electric vehicles. These measures boost the growth of companies in the EV sector, enhancing their stock performance over time.

Top EV Stocks In India Based on 6-Month Return.

The table below shows a List of the Best EV Stocks In India based on 6 Month Return.

Stock NameClose Price (₹)6M Return (%)
Mahindra and Mahindra Ltd3,085.9513.55
Gujarat Fluorochemicals Ltd3,761.2510.84
L&T Technology Services Ltd5,279.408.87
Maruti Suzuki India Ltd12,724.353.68
Eicher Motors Ltd4,972.353.4
TVS Motor Company Ltd2,485.00-3.61
UNO Minda Ltd986.5-5.6
Bajaj Auto Limited8,762.00-9.77
Tata Elxsi Ltd6,116.75-10.5
Bosch Ltd27,223.45-13.84

EV Stocks List Based on 5-Year Net Profit Margin

The table below shows the Best EV Stocks In India based on a 5-year Net Profit Margin.

Stock NameClose Price (₹)5Y Avg Net Profit Margin (%)
Tata Elxsi Ltd6,116.7520.39
Eicher Motors Ltd4,972.3518.02
Sona BLW Precision Forgings Ltd510.9517.9
Bajaj Auto Limited8,762.0016.52
L&T Technology Services Ltd5,279.4013.36
Gujarat Fluorochemicals Ltd3,761.2510.2
Exide Industries Ltd362.910.02
KPIT Technologies Ltd1,380.359.63
Hero MotoCorp Ltd4,085.559.31
CG Power and Industrial Solutions Ltd5888.99

EV Stocks List In India​ Based on 1M Return

The table below shows the Best EV Stocks in India Based on 1-Month Return.

Stock NameClose Price (₹)1M Return (%)
TVS Motor Company Ltd2,485.0012.46
L&T Technology Services Ltd5,279.4011.83
Maruti Suzuki India Ltd12,724.3511.79
Tata Elxsi Ltd6,116.756.89
Eicher Motors Ltd4,972.356.3
KPIT Technologies Ltd1,380.356.04
Mahindra and Mahindra Ltd3,085.952.76
Hero MotoCorp Ltd4,085.552.35
Reliance Industries Ltd1,234.852.03
Bajaj Auto Limited8,762.001.69

High Dividend EV Sector Stocks In India

The table below shows the Best EV Stocks in India based on Dividend Yield.

Stock NameClose Price (₹)Dividend Yield (%)
Hero MotoCorp Ltd4,085.553.43
Ashok Leyland Ltd203.712.43
Bosch Ltd27,223.451.38
Tata Elxsi Ltd6,116.751.14
Eicher Motors Ltd4,972.351.02
Maruti Suzuki India Ltd12,724.350.98
L&T Technology Services Ltd5,279.400.95
Bajaj Auto Limited8,762.000.91
Tata Motors Ltd677.750.8
Mahindra and Mahindra Ltd3,085.950.64

Historical Performance of EV Sector Stocks In India

The table below shows the Historical Performance of Best EV Stocks in India based on Market Cap and 5Y Return.

Stock NameClose Price (₹)5Y CAGR (%)
CG Power and Industrial Solutions Ltd588132.8
KPIT Technologies Ltd1,380.3570.73
Gujarat Fluorochemicals Ltd3,761.2544.95
Mahindra and Mahindra Ltd3,085.9542.56
Tata Elxsi Ltd6,116.7541.39
TVS Motor Company Ltd2,485.0040.68
Tube Investments of India Ltd2,739.6039.46
UNO Minda Ltd986.538.94
Tata Motors Ltd677.7531.9
L&T Technology Services Ltd5,279.4025.49

Factors To Consider When Investing In the Best EV Stocks In India​

The main factors to consider when investing in the best EV stocks in India include market potential, government policies, technological advancements and company fundamentals. These factors help determine the growth prospects and risks associated with investing in electric vehicle-related stocks.

  • Market Potential: Assess the overall demand for electric vehicles in India. As consumer preferences shift toward cleaner energy options, understanding the market’s growth rate and future potential is crucial in choosing the right EV stocks for investment.
  • Government Policies: Favorable government policies, such as subsidies, incentives and regulations supporting electric vehicle adoption, can significantly impact the profitability of EV-related companies. Investors should evaluate policy trends to predict future stock performance.
  • Technological Advancements: EV stocks are heavily influenced by innovations in battery technology, charging infrastructure and vehicle efficiency. Investing in companies that lead in R&D and technology integration can provide better long-term returns in the evolving EV market.
  • Company Fundamentals: Review a company’s financial health, market share and profitability. Strong fundamentals, such as a healthy balance sheet, revenue growth and competitive advantage, are key indicators of a company’s ability to thrive in the expanding EV industry.

How To Invest In the Best EV Stocks In India?

To invest in the best EV stocks in India, start by researching potential companies in the electric vehicle sector. Evaluate their market potential, growth prospects and financial health to identify the most promising options.

Once you have selected stocks, create an account on a brokerage platform like Alice Blue. This user-friendly platform allows you to buy and sell shares easily, monitor your investments and access valuable research tools to inform your investment decisions.

Impact of Government Policies on Best EV Stocks In India

Government policies play a crucial role in shaping the electric vehicle (EV) market in India. Initiatives such as subsidies, tax incentives and infrastructure development significantly encourage the adoption of EVs, enhancing the growth prospects of companies involved in this sector.

Supportive regulations, such as the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme, create a favourable environment for EV manufacturers. This governmental backing boosts investor confidence in EV stocks, driving demand and potentially leading to increased stock valuations in the long term.

How Best EV Stocks In India Perform In Economic Downturns?

During economic downturns, the best EV stocks in India may experience volatility as consumer spending declines. However, the growing emphasis on sustainable energy and government support can help mitigate some negative impacts, making these stocks resilient compared to traditional automotive stocks.

Additionally, companies with strong fundamentals and diversified product lines tend to weather economic challenges better. Innovations in technology and infrastructure improvements can sustain investor interest, allowing leading EV stocks to maintain a competitive edge even amid economic uncertainties.

Advantages Of Investing In The Best EV Stocks In India

The main advantages of investing in the best EV stocks in India include exposure to a rapidly growing market, potential government incentives, alignment with sustainability goals and innovation-driven growth. These factors collectively enhance the attractiveness of EV stocks for investors.

  • Rapid Market Growth: The electric vehicle market in India is expanding quickly, driven by rising consumer demand for sustainable transportation. Investing in EV stocks allows investors to capitalize on this growth, potentially leading to substantial returns as adoption increases.
  • Government Incentives: The Indian government offers various subsidies and incentives to promote electric vehicle adoption. These supportive policies can boost the financial performance of EV companies, providing a favourable environment for investment and enhancing stock value.
  • Sustainability Alignment: Investing in EV stocks aligns with global sustainability goals, as electric vehicles contribute to reducing carbon emissions. This ethical investment approach appeals to socially conscious investors, making EV stocks a meaningful addition to their portfolios.
  • Innovation and Technological Advancements: The EV sector is characterized by constant innovation, including advancements in battery technology and charging infrastructure. Investing in companies leading these developments can provide opportunities for significant long-term growth and enhanced competitiveness in the market.

Risks Of Investing In the Best EV Stocks In India

The main risks of investing in the best EV stocks in India include market volatility, regulatory changes, competition and technological challenges. These factors can impact stock performance and investor returns, necessitating thorough research and risk assessment before making investment decisions.

  • Market Volatility: The EV sector can experience significant price fluctuations due to changing consumer preferences, economic conditions and investor sentiment. Such volatility can lead to unexpected losses, making it crucial for investors to be prepared for short-term market movements.
  • Regulatory Changes: Government policies surrounding electric vehicles can change, impacting incentives and subsidies that support the industry. Sudden regulatory shifts may hinder growth prospects for EV companies, affecting their profitability and ultimately the performance of their stocks.
  • Intense Competition: The EV market is becoming increasingly competitive, with numerous players entering the space. Established automakers and new startups alike are vying for market share, which can pressure profit margins and create challenges for companies trying to maintain a competitive edge.
  • Technological Challenges: Rapid advancements in technology mean that companies must continually innovate to stay relevant. If a company fails to keep up with technological trends or cannot efficiently scale production, it may face declining market position and investor confidence.

EV Stocks In India’s GDP Contribution

EV stocks in India are increasingly contributing to the country’s GDP as the electric vehicle sector expands. This growth is driven by rising consumer demand, government incentives and investments in charging infrastructure, which together bolster the overall economic landscape.

As the EV market matures, companies involved in manufacturing, technology and supply chain logistics are becoming significant players in India’s economy. The transition to electric vehicles not only enhances GDP contribution but also supports job creation and fosters innovation across various sectors.

Who Should Invest In the Best EV Stocks In India?

Individuals who are environmentally conscious and want to support sustainable transportation initiatives should consider investing in the best EV stocks in India. This investment aligns with their values and helps contribute to a cleaner, greener future while potentially achieving financial returns.

Additionally, investors seeking growth opportunities in emerging markets may find EV stocks appealing. With the Indian government’s push for electric vehicles and the industry’s rapid expansion, these stocks offer the potential for significant returns, making them suitable for long-term investment strategies.

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Top 10 EV penny Stocks In India – FAQs  

1. What are Electric Vehicle Stocks?

Electric vehicle stocks are shares of companies involved in the electric vehicle industry, including manufacturers of electric cars, battery producers and suppliers of essential components. Investing in these stocks allows investors to participate in the growing shift towards sustainable transportation solutions.


2. What Are The Top EV Stocks In India?

Top Best EV Stocks In India # 1: Reliance Industries Ltd
Top Best EV Stocks In India # 2: Maruti Suzuki India Ltd
Top Best EV Stocks In India # 3: Mahindra and Mahindra Ltd
Top Best EV Stocks In India # 4: Tata Motors Ltd
Top Best EV Stocks In India # 5: Bajaj Auto Limited

The Best EV Stocks In India based on market capitalization.

3. What Are the Best EV Stocks In India?

The Best EV Stocks In India based on 6-month returns include Servotech Power Systems Ltd, Himadri Speciality Chemical Ltd, Mahindra and Mahindra Ltd, TVS Motor Company Ltd, and Vedanta Ltd.

4. Is It Safe To Invest In EV Stocks In India?

Investing in EV stocks in India can be safe, especially with thorough research and an understanding of market dynamics. However, risks such as market volatility and regulatory changes exist. Diversifying portfolios and evaluating company fundamentals can help mitigate potential downsides.

5. How To Invest In The Best EV Stocks In India?

To invest in the best EV stocks in India, research potential companies in the electric vehicle sector, evaluate their growth prospects and open an account with a reliable brokerage platform like Alice Blue. Start by purchasing shares and monitoring your investments regularly for performance.

6. Which Are The EV Penny Stocks In India?

Some prominent EV penny stocks in India include Tunwal E-Motors Ltd (Close price – 44.1) and Ola Electric Mobility Ltd (Close price – 87.57). These companies are focused on electric vehicle production and development, capitalizing on the growing demand for sustainable transportation solutions.

7. Who is leading the EV sector in India?

Leading the EV sector in India are Mahindra & Mahindra Ltd, Tata Motors Ltd, Hero MotoCorp Ltd, Maruti Suzuki India Ltd, Bajaj Auto Limited and TVS Motor Company Ltd, all driving innovation and expanding their electric vehicle offerings.

8. Does EV have a future in India?

Yes, the EV sector has a promising future in India, driven by government initiatives, increasing environmental awareness and advancements in battery technology. With growing investments and consumer interest, electric vehicles are set to play a crucial role in sustainable transportation.

Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:

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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. The securities quoted are exemplary and are not recommendatory.

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