India’s electric vehicle (EV) and auto component stocks presented a mixed market performance on June 27, reflecting cautious investor sentiment amid sector-specific developments and broader market volatility.
Among the top gainers, HEG surged by 2.90% to ₹509.7, driven by renewed interest in graphite electrodes and clean energy material applications. Exicom Tele-Systems Ltd. followed closely, advancing 2.56% to ₹201.21, supported by optimism around EV charging infrastructure and recent order wins. Bharat Forge rose by 1.81% to ₹1,309.70, continuing its upward trend backed by strong defence and EV component demand.
Bharat Electronics also gained 1.08%, closing at ₹414.5, amid sustained defence spending and electronics manufacturing tailwinds. Other positive movers included Hero MotoCorp (+0.99%), Greaves Cotton (+0.82%), and Tata Motors, which climbed 0.61% to ₹686.9, showing consistent momentum in EV segment leadership.
However, not all stocks fared well. Olectra Greentech fell 2.07% to ₹1,164.20, reflecting possible profit booking after recent rallies. Amara Raja Energy & Mobility dropped 0.75% to ₹962, despite positive developments in its battery division. Exide Industries slipped slightly by 0.11%, even as it continues to expand its lithium-ion operations.
OLA Electric Mobility Ltd., listed recently, recorded a minor dip of 0.17%, settling at ₹43.09. Market watchers suggest investor caution due to production delays and competition concerns.
Overall, the day closed with divergent sector movements, indicating a selective approach from investors focusing on companies with robust order books and innovation momentum in the EV transition space.
Table
|
Company Name |
Closing Price on June 27 | Change % |
| AMARA RAJA ENERGY & MOBILITY | 962 |
-0.75% |
|
BHARAT ELECTRONICS |
414.5 | 1.08% |
| BHARAT FORGE | 1,309.70 |
1.81% |
|
BOSCH |
32,260.00 | 0.14% |
| EXICOM TELE-SYSTEMS LTD. | 201.21 |
2.56% |
|
EXIDE INDUSTRIES |
388.45 | -0.11% |
| GREAVES COTTON | 204 |
0.82% |
|
HBL ENGINEERING |
590.95 | 0.94% |
| HEG | 509.7 |
2.90% |
|
HERO MOTOCORP |
4,320.30 | 0.99% |
| JBM AUTO | 642.5 |
0.08% |
|
MINDA CORPORATION |
531.1 | 0.23% |
| OLA ELECTRIC MOBILITY LTD. | 43.09 |
-0.17% |
|
OLECTRA GREENTECH |
1,164.20 | -2.07% |
| SONA COMSTAR | 479.25 |
-0.33% |
|
TATA MOTORS |
686.9 | 0.61% |
| UNIPARTS INDIA | 385 |
1.31% |
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