India’s auto and electric mobility stocks presented a mixed performance on September 23, reflecting cautious investor sentiment amid sectoral shifts.
Amara Raja Energy & Mobility closed slightly higher at ₹1,008.65, gaining 0.49%, while Bharat Electronics dipped 0.48% to ₹404.45. Heavyweight Bosch also slipped 0.46% to ₹39,390, and Bharat Forge eased 0.40% to ₹1,251.
Battery players showed contrasting trends. Exicom Tele-Systems fell 0.70% to ₹154.83, and Exide Industries edged down 0.15% to ₹403.25. In contrast, Greaves Cotton surged 3.05% to ₹225.40, marking the day’s strongest gain, signaling positive traction in small-cap EV-linked stocks.
Among component makers, HBL Engineering declined 0.76% to ₹812.3, while Minda Corporation added 0.32% to close at ₹534.50. Uno Minda also posted a 0.34% uptick, finishing at ₹1,317.10. Uniparts India gained a notable 1.57%, ending at ₹427.3.
Companies focused on electric vehicles had small but steady gains. Ola Electric ticked up a modest 0.40% to ₹58.24, and Olectra Greentech gained 0.58% to ₹1,671. Sona Comstar was up 0.18% to ₹421.35, and Tata Motors ticked up 0.74% to ₹701.35, indicating investor confidence in existing automotive makers pivoting toward electric mobility.
Otherwise, Hero MotoCorp suffered selling pressure and went down 1.09% to ₹5,370.50, with JBM Auto also down 0.48% to ₹738.2. HEG managed a slight gain of 0.42% to close at ₹519.35.
Overall, established automakers generally adjusted positively, mid-caps and EV focused companies including Greaves Cotton and Uniparts India had outsized gains, indicating targeted enthusiasm within the mobility sector.
TABLE
| Company Name | Closing Price on September 23 | Change % |
| AMARA RAJA ENERGY & MOBILITY | 1,008.65 | 0.49% |
| BHARAT ELECTRONICS | 404.45 | -0.48% |
| BHARAT FORGE | 1,251.00 | -0.40% |
| BOSCH | 39,390.00 | -0.46% |
| EXICOM TELE-SYSTEMS LTD. | 154.83 | -0.70% |
| EXIDE INDUSTRIES | 403.25 | -0.15% |
| GREAVES COTTON | 225.40 | 3.05% |
| HBL ENGINEERING | 812.3 | -0.76% |
| HEG | 519.35 | 0.42% |
| HERO MOTOCORP | 5,370.50 | -1.09% |
| JBM AUTO | 738.2 | -0.48% |
| MINDA CORPORATION | 534.50 | 0.32% |
| OLA ELECTRIC MOBILITY LTD. | 58.24 | 0.40% |
| OLECTRA GREENTECH | 1,671.00 | 0.58% |
| SONA COMSTAR | 421.35 | 0.18% |
| TATA MOTORS | 701.35 | 0.74% |
| UNIPARTS INDIA | 427.3 | 1.57% |
| UNO MINDA | 1,317.10 | 0.34% |