On July 21, 2025, India’s electric vehicle (EV) and auto component sector saw a mix of gains and losses in the stock market. While some major players delivered solid gains, others faced marginal declines, indicating cautious investor sentiment amidst ongoing EV industry developments.
Top Gainers
Amara Raja Energy & Mobility led the rally, surging by 2.72% to close at ₹1,003.00. The company’s continued push into EV battery innovation is believed to be driving investor confidence. Sona Comstar also saw a strong uptick of 1.70%, likely due to its expanding portfolio in drivetrain technologies. Tata Motors, a major EV manufacturer, recorded a 1.06% rise to ₹687.45, reflecting positive market expectations around its upcoming EV launches.
Other Notable Performers
Exide Industries and Bharat Electronics both gained 1.32%, showing renewed interest in battery and electronics segments of the EV supply chain. Bosch closed 0.19% higher at ₹38,320, maintaining its steady performance in automotive tech. Bharat Forge and Hero MotoCorp also saw modest increases of 0.35% and 0.27%, respectively.
Stocks in the Red
On the losing side, Minda Corporation declined by 1.99%, while Ola Electric dropped 1.38%, possibly due to profit-booking after earlier gains. Olectra Greentech, a key player in electric buses, slipped by 1.36%, and Exicom Tele-Systems, which provides EV chargers, was down 1.26%. UNO Minda and HBL Engineering also closed lower by 1.02% and 0.98%, respectively.
Market Sentiment
Overall, the EV sector remained stable, with gains outpacing losses. Investor interest seems strong in companies with proven product pipelines and visible growth potential in the EV domain. However, the mixed performance highlights a selective approach, where firms with clear innovation and market visibility are favored over those with uncertain prospects.
This market behavior reflects how closely the stock market is tracking the developments in India’s rapidly growing EV ecosystem.
TABLE
Company Name |
Closing Price on July 21 |
Change % |
| AMARA RAJA ENERGY & MOBILITY | 1,003.00 | 2.72% |
| BHARAT ELECTRONICS | 399.95 | 1.32% |
| BHARAT FORGE | 1,220.80 | 0.35% |
| BOSCH | 38,320.00 | 0.19% |
| EXICOM TELE-SYSTEMS LTD. | 173.47 | -1.26% |
| EXIDE INDUSTRIES | 389.1 | 1.32% |
| GREAVES COTTON | 205.96 | -0.51% |
| HBL ENGINEERING | 596.45 | -0.98% |
| HEG | 538.65 | -0.13% |
| HERO MOTOCORP | 4,408.20 | 0.27% |
| JBM AUTO | 643.65 | 0.52% |
| MINDA CORPORATION | 519.15 | -1.99% |
| OLA ELECTRIC MOBILITY LTD. | 40.74 | -1.38% |
| OLECTRA GREENTECH | 1,266.30 | -1.36% |
| SONA COMSTAR | 487.9 | 1.70% |
| TATA MOTORS | 687.45 | 1.06% |
| UNIPARTS INDIA | 383.65 | -0.23% |
| UNO MINDA | 1,078.00 | -1.02% |
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