On August 13, 2025, Indian electric vehicle (EV) stocks had a mixed day. Some companies saw strong gains, while others struggled. HBL Engineering stood out, rising an impressive 10.32% to close at ₹763.40. This surge reflects growing investor confidence, likely due to strong demand in energy storage.
Minda Corporation and UNO Minda also had a good day, climbing 4.14% and 4.21% respectively. This uptick is attributed to positive news in EV components and innovative solutions for mobility.
Bharat Forge and Hero MotoCorp saw gains of 2.53% and 2.66%, respectively. Their rising electric two-wheeler options are boosting optimism among investors. Olectra Greentech, known for electric buses, rose by 3.17%, indicating that electrifying public transport is gaining momentum.
Other notable gainers included Bharat Electronics, up 2.24%, Exicom Tele-Systems, up 2.06%, and Sona Comstar, which increased by 1.94%. These firms play key roles in the EV supply chain.
On the other hand, Exide Industries slipped 0.19% to ₹375.70. Despite being a major player in the EV battery market, it faced some selling pressure. HEG also dipped 0.79% to ₹503. Amara Raja Energy & Mobility and Bosch had slight gains of 0.27% and 0.13%, respectively.
Market activity showed selective purchasing in high-growth EV companies. Analysts are highlighting that investors are keen on firms showing solid revenue growth from EVs and a strong pipeline of future orders. According to recent reports, the EV market in India is expected to reach ₹18.4 trillion by 2030, fueled by supportive policies and increasing private sector investments.
In summary, India’s EV sector is gaining traction, and while some stocks may fluctuate in the short term, the overall outlook remains bright thanks to strong demand and supportive government policies.
Company Gains on August 13, 2025:
- HBL Engineering: +10.32% to ₹763.4
- Minda Corporation: +4.14%
- UNO Minda: +4.21%
- Bharat Forge: +2.53% to ₹1,181.50
- Hero MotoCorp: +2.66% to ₹4,768.70
- Olectra Greentech: +3.17% to ₹1,477.90
With a vibrant market and innovative developments, the future looks promising for the EV sector in India.
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