On July 24, 2025, India’s electric vehicle (EV) and auto component sector showed mixed trends in the stock market. While several companies faced minor declines, a few players delivered impressive gains, indicating selective investor optimism within the sector.
The standout performer of the day was Olectra Greentech, which surged by 15.46%, closing at ₹1,532.40. The sharp jump could be linked to positive developments in its electric bus segment or new government orders.
JBM Auto also performed well, gaining 4.46% to close at ₹674.05. This reflects growing confidence in its EV component supply capabilities. Meanwhile, Greaves Cotton rose 2.59% to ₹208.81, possibly driven by rising interest in electric two- and three-wheeler components.
Tata Motors, a major EV player in India, saw a 1.51% increase to ₹700.50, likely due to continued investor trust in its expanding electric car portfolio.
On the other hand, several companies recorded small losses. Exicom Tele-Systems Ltd. fell 1.54% to ₹167.59, Hero MotoCorp dipped 1.42%, and HEG declined by 1.92%, signaling some caution among investors.
Other minor fallers included Bharat Electronics (-0.49%), Bharat Forge (-0.55%), Bosch (-0.19%), and Ola Electric Mobility Ltd. (-1.05%).
Stocks like UNO Minda (+0.90%), HBL Engineering (+0.52%), and Sona Comstar (+0.37%) ended in the green with moderate gains.
In summary, the EV and auto component market reflected mixed investor sentiment on July 24, with major gains for Olectra and JBM Auto standing out. While some stocks corrected slightly, the sector continues to show long-term promise amid India’s EV transition.
TABLE
| Company Name | Closing Price on July 24 | Change % |
| AMARA RAJA ENERGY & MOBILITY | 1,009.90 | -0.15% |
| BHARAT ELECTRONICS | 398.25 | -0.49% |
| BHARAT FORGE | 1,217.00 | -0.55% |
| BOSCH | 37,910.00 | -0.19% |
| EXICOM TELE-SYSTEMS LTD. | 167.59 | -1.54% |
| EXIDE INDUSTRIES | 391.2 | -0.15% |
| GREAVES COTTON | 208.81 | 2.59% |
| HBL ENGINEERING | 588.25 | 0.52% |
| HEG | 530.8 | -1.92% |
| HERO MOTOCORP | 4,301.90 | -1.42% |
| JBM AUTO | 674.05 | 4.46% |
| MINDA CORPORATION | 514.25 | -0.38% |
| OLA ELECTRIC MOBILITY LTD. | 42.60 | -1.05% |
| OLECTRA GREENTECH | 1,532.40 | 15.46% |
| SONA COMSTAR | 490.8 | 0.37% |
| TATA MOTORS | 700.5 | 1.51% |
| UNIPARTS INDIA | 379.2 | -0.08% |
| UNO MINDA | 1,081.00 | 0.90% |
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