The stock market saw a mixed day for auto and battery companies. Some stocks went up, while others fell, showing investors were cautious.
The biggest winners were in the electric vehicle space. Ola Electric’s share price surged 5%, making it the top gainer. Traditional auto giant Hero Motocorp also had a very strong day, with its stock rising over 3%.
Other companies like Exide Industries, Sona Comstar, and Tata Motors also saw gains, each up by over 1%. This shows continued interest in both vehicle makers and their parts suppliers.
Not all of the news was positive, however. Some investors were disappointed by stock price declines from many of the sector’s key players. The biggest losers were JBM Auto and Olectra Greentech, both dropping more than 1%. Bharat Forge and Amara Raja also closed in the red, but they lost less than the major players.
This divergent performance is illustrative of the many factors that influence the dynamic nature of the sector. Stocks of companies benefiting from excitement around electric mobility and large, well-known companies continue to rise while other stocks are under pressure, creating a mixed market sentiment in terms of the sector.
TABLE
| Company Name | Closing Price on September 30 | Change % |
| AMARA RAJA ENERGY & MOBILITY | 989.35 | -0.29% |
| BHARAT ELECTRONICS | 403.8 | 0.97% |
| BHARAT FORGE | 1,207.00 | -0.58% |
| BOSCH | 38,340.00 | -0.02% |
| EXICOM TELE-SYSTEMS LTD. | 144.29 | 0.46% |
| EXIDE INDUSTRIES | 391.8 | 0.84% |
| GREAVES COTTON | 211.85 | -0.15% |
| HEG | 504.90 | -0.55% |
| HERO MOTOCORP | 5,472.50 | 3.25% |
| JBM AUTO | 670.25 | -1.24% |
| MINDA CORPORATION | 569.45 | 0.11% |
| OLA ELECTRIC MOBILITY LTD. | 56.95 | 5.00% |
| OLECTRA GREENTECH | 1,552.90 | -1.13% |
| SONA COMSTAR | 411.75 | 1.58% |
| TATA MOTORS | 680.2 | 1.15% |
| UNIPARTS INDIA | 406.15 | 0.29% |
| UNO MINDA | 1,298.80 | 1.06% |