The table below shows Nifty EV & New Age Automotive based on the Highest Market Capitalization.
Company Name | Market Cap (Cr) | Close Price (₹) | 1-Year Return (%) |
Reliance Industries Ltd | 1723618.34 | 1277.1 | -3.87 |
Maruti Suzuki India Ltd | 373626.59 | 12020.35 | 21.9 |
Tata Motors Ltd | 280041.58 | 742.75 | -7.21 |
Bajaj Auto Ltd | 236490.7 | 8460.85 | 19.24 |
Eicher Motors Ltd | 136242.46 | 5009.7 | 38.52 |
TVS Motor Company Ltd | 108804.77 | 2273.25 | 14.39 |
Samvardhana Motherson International Ltd | 102659.55 | 142.74 | 34.22 |
CG Power and Industrial Solutions Ltd | 100604.29 | 637.25 | 42.43 |
Bosch Ltd | 90282.98 | 30582.7 | 34.28 |
Hero MotoCorp Ltd | 80495.81 | 4055.7 | -8.74 |
Tube Investments of India Ltd | 65399.97 | 3233.95 | -17.76 |
Ashok Leyland Ltd | 60128.33 | 206.81 | 21.47 |
Bharat Forge Ltd | 57449.52 | 1226.45 | 2.77 |
UNO Minda Ltd | 57005.86 | 976.5 | 44.71 |
L&T Technology Services Ltd | 56966.41 | 5382.95 | 0.4 |
Schaeffler India Ltd | 50985.48 | 3264.6 | 4.9 |
Gujarat Fluorochemicals Ltd | 42001.7 | 3679.8 | 1.12 |
Tata Elxsi Ltd | 38328.86 | 6167.35 | -24.75 |
KPIT Technologies Ltd | 35642.58 | 1295.2 | -13.74 |
Sona BLW Precision Forgings Ltd | 34576.93 | 531.35 | -8.38 |
To know more about the Nifty EV & New Age Automotive, refer: Nifty EV & New Age Automotive.
Content:
- Nifty EV & New Age Automotive Meaning
- Features Of The Nifty EV & New Age Automotive
- Nifty EV & New Age Automotive Stocks Weightage
- Nifty EV & New Age Automotive Stocks List
- How To Buy Nifty EV & New Age Automotive?
- Advantages of Nifty EV & New Age Automotive
- Disadvantages of Nifty EV & New Age Automotive
- Introduction to Top Nifty EV & New Age Automotive
- Nifty EV & New Age Automotive – FAQs
Nifty EV & New Age Automotive Meaning
Nifty EV & New Age Automotive is an index that tracks the performance of companies involved in electric vehicles and innovative automotive technologies. It includes manufacturers and component suppliers at the forefront of the automotive industry’s shift towards electric and autonomous vehicles.
The index is a subset of Nifty indices, focusing specifically on a sector poised for substantial growth due to increasing environmental concerns and technological advancements. It provides investors a targeted exposure to the electric vehicle market, capturing the sector’s dynamic expansion.
By investing in the Nifty EV & New Age Automotive index, investors gain access to a diversified portfolio of companies leading the change in automotive technology. This approach mitigates the risk of investing in individual stocks while tapping into the growth potential of the entire sector.
Features Of The Nifty EV & New Age Automotive
The main features of the Nifty EV & New Age Automotive index include its focus on companies involved in electric vehicles and new automotive technologies. It tracks leading players in EV manufacturing, battery production, and innovative automotive parts, reflecting the sector’s growth and future potential.
- Electrifying Opportunities: The Nifty EV & New Age Automotive index concentrates on companies developing electric vehicles and related technologies. This focus positions the index at the heart of the green revolution, providing investors exposure to the burgeoning EV market poised for exponential growth.
- Innovation Drivers: The index includes companies that are not only EV manufacturers but also those involved in cutting-edge automotive technologies like autonomous driving systems and advanced battery production. This diversification enriches the index with a blend of stability and innovative potential.
- Market Resilience: By investing in a niche yet rapidly expanding sector, the index offers resilience against traditional automotive market volatility. It captures the shift towards sustainable transportation, appealing to environmentally conscious investors seeking long-term growth.
- Global Reach: Companies within the index often have a global operational base, giving investors access to international markets and the ability to benefit from global trends in automotive technology and electric vehicle adoption.
Nifty EV & New Age Automotive Stocks Weightage
The table below shows Nifty EV & New Age Automotive Stocks based on the Highest Weights.
Company Name | Weightage (%) |
Mahindra & Mahindra Ltd | 8.04 |
Tata Motors Ltd | 7.95 |
Maruti Suzuki India Ltd | 7.93 |
Bajaj Auto Ltd | 7.89 |
L&T Technology Services Ltd | 4.04 |
KPIT Technologies Ltd | 4.01 |
Sona BLW Precision Forgings Ltd | 3.99 |
Reliance Industries Ltd | 3.97 |
Samvardhana Motherson International Ltd | 3.97 |
Bosch Ltd | 3.97 |
Nifty EV & New Age Automotive Stocks List
The table below shows the Nifty EV & New Age Automotive Stocks List based on the 1-year return.
Company Name | Close Price (₹) | 1-Year Return (%) |
UNO Minda Ltd | 976.5 | 44.71 |
CG Power and Industrial Solutions Ltd | 637.25 | 42.43 |
Eicher Motors Ltd | 5009.7 | 38.52 |
Bosch Ltd | 30582.7 | 34.28 |
Samvardhana Motherson International Ltd | 142.74 | 34.22 |
Maruti Suzuki India Ltd | 12020.35 | 21.9 |
Ashok Leyland Ltd | 206.81 | 21.47 |
Bajaj Auto Ltd | 8460.85 | 19.24 |
TVS Motor Company Ltd | 2273.25 | 14.39 |
Schaeffler India Ltd | 3264.6 | 4.9 |
Bharat Forge Ltd | 1226.45 | 2.77 |
Gujarat Fluorochemicals Ltd | 3679.8 | 1.12 |
L&T Technology Services Ltd | 5382.95 | 0.4 |
Reliance Industries Ltd | 1277.1 | -3.87 |
Tata Motors Ltd | 742.75 | -7.21 |
Sona BLW Precision Forgings Ltd | 531.35 | -8.38 |
Hero MotoCorp Ltd | 4055.7 | -8.74 |
KPIT Technologies Ltd | 1295.2 | -13.74 |
Tube Investments of India Ltd | 3233.95 | -17.76 |
Tata Elxsi Ltd | 6167.35 | -24.75 |
How To Buy Nifty EV & New Age Automotive?
To buy into the Nifty EV & New Age Automotive index, you need to invest through mutual funds or ETFs that track this index. Ensure you have a brokerage account set up, then search for the specific fund or ETF and purchase shares directly through your broker.
Investing in this index allows you to capitalize on the growth of the electric vehicle (EV) and new automotive technologies sector without picking individual stocks. This reduces risk through diversification while maintaining exposure to a high-potential industry.
Keep in mind, that while this sector offers significant growth potential, it is also susceptible to high volatility due to technological changes and regulatory environments. Regularly review and adjust your investment in line with your financial goals and risk tolerance.
Advantages of Nifty EV & New Age Automotive
The main advantages of the Nifty EV & New Age Automotive index include exposure to the fast-growing electric vehicle sector, diversification across innovative automotive technologies, and potential for significant growth driven by global shifts towards sustainable transportation and technological advancements in the auto industry.
- Future-Forward Investment: The Nifty EV & New Age Automotive index represents a forward-thinking investment approach by focusing on the electric vehicle industry, which is projected to grow significantly as the world shifts towards sustainable energy solutions, offering potentially high returns.
- Technological Vanguard: This index includes companies at the forefront of automotive innovation, such as autonomous driving and smart technology integrations, ensuring investors are part of the next wave of automotive advancements.
- Eco-Conscious Exposure: By investing in the EV and new automotive technologies sector, stakeholders align with global environmental goals, supporting and capitalizing on the transition to cleaner and more sustainable transportation solutions.
- Resilient Growth Potential: The index’s focus on cutting-edge and emerging technologies provides resilience against traditional automotive industry downturns, tapping into new growth avenues as consumer preferences evolve towards electric and high-tech vehicles.
- Geographical Diversification: Many companies in the index operate globally, offering exposure to diverse markets and regulatory environments, which can help mitigate risks associated with economic fluctuations in any single region.
Disadvantages of Nifty EV & New Age Automotive
The main disadvantages of the Nifty EV & New Age Automotive index include high volatility due to rapid technological changes, significant regulatory risks, and exposure to market sectors that can be impacted by global supply chain disruptions, making it a potentially risky investment for conservative investors.
- High Volatility Vexation: The Nifty EV & New Age Automotive index experiences high volatility as it reacts to fast-paced technological advancements and market expectations. This can lead to significant price swings, posing risks for short-term investors seeking stability.
- Regulatory Roadblocks: Companies within the index are heavily influenced by governmental policies and regulations related to the automotive and environmental sectors. Changes in these policies can impact company valuations and market dynamics unexpectedly.
- Supply Chain Sensitivity: The index is susceptible to disruptions in the global supply chain, particularly for critical components like batteries and semiconductors. Any shortages or delays can adversely affect the production capabilities and financial performance of the companies.
- Market Maturity Missteps: The electric vehicle and new automotive technology sectors are relatively young, and many companies within the index may face growing pains, including scaling production and managing costs, which could hinder their profitability and growth.
- Investment Concentration Concerns: Given the specialized nature of the index, there’s a concentration risk if the EV market faces downturns or slower-than-expected growth, potentially leading to significant losses for investors overly exposed to this sector.
Introduction to Top Nifty EV & New Age Automotive
Mahindra & Mahindra Ltd
The Market Cap of Mahindra & Mahindra Ltd is ₹32,753.88 crore, with a monthly return of -0.97% and a yearly return of -1.74%. The stock is 7.98% away from its 52-week high.
Mahindra & Mahindra Ltd is a prominent Indian multinational corporation in the automotive and farm equipment sectors. The company is known for its manufacturing of SUVs, commercial vehicles, and tractors, making it one of the largest players in the Indian automobile industry. Mahindra & Mahindra has a strong presence in various international markets and has made significant strides in electric vehicle development, positioning itself as a leader in sustainable mobility solutions. The company’s focus on innovation and its extensive product portfolio continue to fuel its growth.
Mahindra & Mahindra has also ventured into the agritech and mobility solutions segments, diversifying its business. With a reputation for offering rugged and reliable vehicles, the company enjoys strong customer loyalty. Despite some volatility in recent years, Mahindra & Mahindra continues to focus on expanding its market share by improving its manufacturing capabilities and exploring new avenues such as electric vehicles, connected technology, and global expansion.
Tata Motors Ltd
The Market Cap of Tata Motors Ltd is ₹2,80,041.58 crore, with a monthly return of 3.88% and a yearly return of -7.21%. The stock is 3.49% away from its 52-week high.
Tata Motors Ltd is one of the largest automobile manufacturers in India and a significant player in the global automotive market. Known for its wide range of vehicles, including cars, trucks, buses, and electric vehicles, Tata Motors has a rich legacy in the automotive sector. It has made significant investments in both domestic and international markets, including acquiring renowned brands like Jaguar Land Rover. The company has also been at the forefront of India’s push towards electric mobility with a growing portfolio of electric cars.
Tata Motors is committed to innovation, sustainability, and technology integration, which is evident in its development of electric and autonomous vehicles. The company’s global footprint and focus on expanding its electric vehicle range are driving its long-term growth potential. Tata Motors has been diversifying its product offerings, targeting both the luxury and mass-market segments. With a strong focus on enhancing its product portfolio and expanding its reach, Tata Motors continues to be a leader in the Indian and global automotive industry.
Maruti Suzuki India Ltd
The Market Cap of Maruti Suzuki India Ltd is ₹3,73,626.59 crore, with a monthly return of 8.75% and a yearly return of 21.90%. The stock is 23.22% away from its 52-week high.
Maruti Suzuki India Ltd is the largest car manufacturer in India, with an unparalleled market share and a strong brand presence across the country. The company has consistently dominated the Indian car market with a wide range of vehicles, from hatchbacks to SUVs, offering reliable and affordable options to consumers. Its success is driven by its deep understanding of the Indian market and its ability to cater to diverse customer needs. Maruti’s network of dealerships and service centers further strengthens its customer base and provides strong after-sales support.
The company continues to expand its offerings with new models and a focus on technological advancements, including electric vehicle (EV) development. Maruti Suzuki is a key player in India’s transition towards more sustainable transportation, with plans to introduce more electric models in the coming years. With its strong product portfolio and strategic moves to stay ahead of industry trends, Maruti Suzuki India Ltd is well-positioned for long-term growth and continued dominance in the Indian automobile sector.
Bajaj Auto Ltd
The Market Cap of Bajaj Auto Ltd is ₹2,36,490.70 crore, with a monthly return of -4.37% and a yearly return of 19.24%. The stock is 21.97% away from its 52-week high.
Bajaj Auto Ltd is one of India’s leading manufacturers of motorcycles, three-wheelers, and electric vehicles. With a reputation for producing fuel-efficient and high-performance motorcycles, Bajaj Auto has become one of the most trusted names in the two-wheeler market. The company has a strong international presence, with its products exported to several countries. Bajaj Auto continues to lead the market with innovations in its motorcycle designs, technological advancements, and fuel efficiency.
In recent years, Bajaj Auto has focused on expanding its electric vehicle segment, responding to the growing demand for sustainable mobility solutions. The company is also investing in connected technology and smart features to enhance its product offerings. Bajaj Auto’s solid financial performance, combined with its robust manufacturing capabilities, positions it as a dominant player in the two-wheeler and three-wheeler markets globally.
L&T Technology Services Ltd
The Market Cap of L&T Technology Services Ltd is ₹56,966.41 crore, with a monthly return of 11.00% and a yearly return of 0.40%. The stock is 28.17% away from its 52-week high.
L&T Technology Services Ltd (LTTS) is a global engineering services company that provides technology solutions across various industries, including automotive, aerospace, telecommunications, and healthcare. As part of the larger L&T Group, LTTS specializes in product engineering, digital transformation, and consulting services, helping companies achieve operational excellence through innovation and technology integration. The company has made significant strides in the areas of smart manufacturing, IoT (Internet of Things), and autonomous systems, positioning itself as a leader in providing digital engineering services.
LTTS’s strong client base, spanning multiple sectors, allows the company to maintain steady growth even amidst economic fluctuations. With a focus on expanding its global reach and increasing investments in emerging technologies such as AI and machine learning, LTTS continues to build its reputation as a top-tier engineering solutions provider. Its ability to adapt to industry trends and technological disruptions ensures a promising future for the company in the evolving global market.
KPIT Technologies Ltd
The Market Cap of KPIT Technologies Ltd is ₹35,642.58 crore, with a monthly return of -10.89% and a yearly return of -13.74%. The stock is 2.07% away from its 52-week high.
KPIT Technologies Ltd is a global leader in providing IT consulting and services with a focus on the automotive, manufacturing, and energy sectors. The company specializes in digital transformation and smart technologies, offering innovative solutions in areas such as autonomous driving, connected vehicles, and enterprise software. KPIT has established itself as a key player in automotive engineering, providing cutting-edge solutions that support the industry’s transition toward electric and autonomous vehicles.
KPIT Technologies is known for its strong engineering capabilities and its ability to develop high-quality products and solutions that cater to the evolving needs of its customers. With a global presence and a diverse portfolio of services, KPIT is poised to capitalize on the growing demand for technological solutions in the automotive and industrial sectors. The company’s focus on sustainability, innovation, and digital transformation is expected to drive its long-term growth and success.
Sona BLW Precision Forgings Ltd
The Market Cap of Sona BLW Precision Forgings Ltd is ₹34,576.93 crore, with a monthly return of -5.79% and a yearly return of -8.38%. The stock is 0.51% away from its 52-week high.
Sona BLW Precision Forgings Ltd is a leading global supplier of precision forged components, specializing in manufacturing products for the automotive and industrial sectors. The company is recognized for its high-quality engineering solutions, which cater to a wide range of customers, including electric vehicle manufacturers and traditional automakers. Sona BLW’s ability to innovate and provide high-performance components has helped it establish a strong presence in the global market.
The company has made significant progress in recent years by expanding its portfolio of electric vehicle components and providing advanced solutions for the evolving automotive industry. With a focus on sustainability and precision engineering, Sona BLW is positioned to take advantage of the growing shift toward electric vehicles. Its strong financials, combined with its commitment to innovation, make Sona BLW a key player in the automotive supply chain.
Reliance Industries Ltd
The Market Cap of Reliance Industries Ltd is ₹17,23,618.34 crore, with a monthly return of 4.84% and a yearly return of -3.87%. The stock is 6.29% away from its 52-week high.
Reliance Industries Ltd is one of India’s largest conglomerates with a diversified portfolio spanning sectors like petrochemicals, refining, telecommunications, and retail. It is a dominant player in the Indian energy sector and continues to expand its presence in digital services through its telecom arm, Jio. Reliance is investing heavily in renewable energy, aiming to be a global leader in sustainable technologies. The company’s digital platform, Jio, has reshaped the Indian telecom industry and continues to grow its subscriber base.
Reliance Industries’ strong market position and diversified operations have made it one of the most valuable companies in India. With major investments in the renewable energy sector and plans to expand its digital and retail offerings, the company is focused on growth in both traditional and emerging sectors. Its ability to innovate and adapt to changing market conditions ensures a promising future for Reliance, with a continued focus on value creation for its stakeholders.
Samvardhana Motherson International Ltd
The Market Cap of Samvardhana Motherson International Ltd is ₹1,02,659.55 crore, with a monthly return of -7.25% and a yearly return of 34.22%. The stock is 36.99% away from its 52-week high.
Samvardhana Motherson International Ltd is a global automotive component manufacturer and one of the largest suppliers to leading automotive brands. The company specializes in designing and producing a wide range of automotive parts, including electrical systems, interior and exterior components, and rearview mirrors. Samvardhana Motherson has a strong presence in the international market, with a diverse portfolio of products and a global customer base that includes top automakers across Europe, North America, and Asia.
The company’s growth is driven by its focus on innovation, quality, and strategic partnerships with leading automobile manufacturers. Samvardhana Motherson’s commitment to expanding its product offerings, coupled with its expertise in emerging technologies like electric vehicle components, positions the company well for continued success. As the global automotive industry transitions to more sustainable and technologically advanced solutions, Samvardhana Motherson International Ltd is set to play a critical role in the future of mobility.
Bosch Ltd
The Market Cap of Bosch Ltd is ₹90,282.98 crore, with a monthly return of -11.97% and a yearly return of 34.28%. The stock is 37.05% away from its 52-week high.
Bosch Ltd is a multinational engineering and technology company that is a key player in the automotive, industrial, and consumer goods sectors. The company is renowned for its automotive solutions, including advanced driver-assistance systems, powertrain components, and electric mobility solutions. Bosch is also a major player in home appliances, power tools, and energy-efficient technologies, contributing significantly to the development of sustainable solutions in various industries.
With a global presence and a strong focus on research and development, Bosch Ltd continues to drive innovation across its core segments. The company’s commitment to electric mobility and connected technology is expected to enhance its market position as industries shift towards more sustainable and digital solutions. Bosch’s ability to leverage its vast technological expertise ensures its continued relevance in a rapidly changing global market.
Nifty EV & New Age Automotive – FAQs
The Nifty EV & New Age Automotive index comprises stocks from the electric vehicle sector and companies involved in new automotive technologies. It tracks the performance of leading players who are innovating and shaping the future of transportation with electric and autonomous vehicle technologies.
The Nifty EV & New Age Automotive index includes a curated selection of companies actively involved in the electric vehicle and innovative automotive technology sectors. The exact number of companies listed can vary as the index is periodically reviewed and updated to reflect the evolving market landscape.
Highest Weightage In Nifty EV & New Age Automotive #1: Reliance Industries Ltd
Highest Weightage In Nifty EV & New Age Automotive #2: Maruti Suzuki India Ltd
Highest Weightage In Nifty EV & New Age Automotive #3: Tata Motors Ltd
Highest Weightage In Nifty EV & New Age Automotive #4: Bajaj Auto Ltd
Highest Weightage In Nifty EV & New Age Automotive #5: Eicher Motors Ltd
The top 5 stocks are based on Highest Weightage.
Investing in the Nifty EV & New Age Automotive can be promising due to the growth potential of the EV sector and innovative automotive technologies. However, it’s important to consider the associated high volatility and market risks, making it more suitable for risk-tolerant investors with a long-term perspective.
To buy into the Nifty EV & New Age Automotive index, you can invest through ETFs or mutual funds that track this index. Start by setting up a brokerage account, search for the specific fund tracking this index, and then purchase shares through your broker.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
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.