On July 2, shares of electric vehicle (EV) and auto-related companies in India had a mixed day. Some stocks moved up while others ended in the red.
Bharat Forge was the top performer, gaining 2.12% to close at ₹1,311.40, supported by strong investor interest in its EV and defense business. UNO Minda followed with a 1.79% gain, closing at ₹1,098.60, likely boosted by positive outlook on its component supply deals.
Other gainers included HBL Engineering (up 1.04%), Tata Motors (up 0.70%), Hero MotoCorp (up 0.42%), Bosch (up 0.41%), and Olectra Greentech (up 0.23%). These gains reflect steady confidence in companies involved in EV production and development.
On the losing side, OLA Electric fell the most, dropping 2.29% to ₹41.06, as investors remained cautious after its recent market listing. HEG declined by 2.04%, while JBM Auto, Bharat Electronics, and Greaves Cotton also recorded losses.
In summary, the EV and auto sector had a mixed trading day, with select stocks like Bharat Forge and UNO Minda standing out amid overall cautious investor sentiment.
TABLE
Company Name | Closing Price on July 2 | Change % |
AMARA RAJA ENERGY & MOBILITY | 955.45 | -0.60% |
BHARAT ELECTRONICS | 426.95 | -1.23% |
BHARAT FORGE | 1,311.40 | 2.12% |
BOSCH | 32,445.00 | 0.41% |
EXICOM TELE-SYSTEMS LTD. | 200.39 | -0.28% |
EXIDE INDUSTRIES | 382.85 | -0.78% |
GREAVES COTTON | 201.91 | -0.80% |
HBL ENGINEERING | 626.85 | 1.04% |
HEG | 502.9 | -2.04% |
HERO MOTOCORP | 4,243.70 | 0.42% |
JBM AUTO | 647.5 | -1.27% |
MINDA CORPORATION | 519.95 | -0.30% |
OLA ELECTRIC MOBILITY LTD. | 41.06 | -2.29% |
OLECTRA GREENTECH | 1,217.20 | 0.23% |
SONA COMSTAR | 475.3 | -0.13% |
TATA MOTORS | 688.55 | 0.70% |
UNIPARTS INDIA | 400.2 | -0.25% |
UNO MINDA | 1,098.60 | 1.79% |