On August 8, 2025, the Indian EV and auto component market saw mostly negative trading session, with most sectoral stocks ending in the red. This was reflective of the cautious investor sentiment amidst uncertainties stemming from domestic demand, but also to the extent of volatility in global markets.
Major losers included JBM Auto, which fell 3.15% to ₹593.15, Olectra Greentech, which fell 2.93% to ₹1,405.50, and HEG, which fell 2.69% to ₹505.80. Similar to UNO Minda, which fell 2.09% to ₹1,084.00, Bharat Forge also experienced selling pressure, closing 2.28% lower at ₹1,135.20.
Established automaker Tata Motors declined 1.98% at ₹633.70, as a result of profit booking after recent a bounce, while also the large electric mobility player, Hero MotoCorp fell 1.31% at ₹4,599.80. Similarly, batteries manufacturers were weak, with count such as Amara Raja Energy & Mobility down 0.26% at ₹934.90 and Exide Industries down 1.12% at ₹375.65.
The general bearish tone was also exhibited across components suppliers such as Sona Comstar (-0.86%), Minda Corporation (-0.62%), and Uniparts India (-0.75%). Bharat Electronics, one of the largest EV electronics suppliers, also took a step down of 0.82% at ₹384.60.
Interestingly, HBL Engineering was one significant gainer, up 0.85% at ₹599.80, probably because of recent order wins and positive market sentiment about its EV battery and defense business.
The older EV competitors were not immune either, as Exicom Tele-Systems fell 1.06% at ₹142.04 and Ola Electric Mobility fell 0.33% at ₹40.13.
The declines, according to analysts, are caused by a mix of investor caution ahead of impending EV policy changes, profit booking following a recent rally, and global economic concerns. While the industry does have a brighter future, expect continued volatility in the short-term as markets respond to evolving macroeconomic and regulatory signals.
TABLE
| Company Name | Closing Price on August 8 | Change % |
| AMARA RAJA ENERGY & MOBILITY | 934.90 | -0.26% |
| BHARAT ELECTRONICS | 384.6 | -0.82% |
| BHARAT FORGE | 1,135.20 | -2.28% |
| BOSCH | 38,325.00 | -0.64% |
| EXICOM TELE-SYSTEMS LTD. | 142.04 | -1.06% |
| EXIDE INDUSTRIES | 375.65 | -1.12% |
| GREAVES COTTON | 206.28 | -1.56% |
| HBL ENGINEERING | 599.8 | 0.85% |
| HEG | 505.8 | -2.69% |
| HERO MOTOCORP | 4,599.80 | -1.31% |
| JBM AUTO | 593.15 | -3.15% |
| MINDA CORPORATION | 458.8 | -0.62% |
| OLA ELECTRIC MOBILITY LTD. | 40.13 | -0.33% |
| OLECTRA GREENTECH | 1,405.50 | -2.93% |
| SONA COMSTAR | 445.00 | -0.86% |
| TATA MOTORS | 633.7 | -1.98% |
| UNIPARTS INDIA | 339.2 | -0.75% |
| UNO MINDA | 1,084.00 | -2.09% |
Click Here to get the latest EV news and exclusive updates from EV Mechanica on WhatsApp!