On October 16, 2025, shares of Indian electric vehicle (EV) and automotive component companies finished mostly higher, signalling positive investor confidence across the rapidly-expanding clean mobility sector in the country.
Ola Electric Mobility Ltd. jumped by 4.99% to ₹55.38, driven by anticipation for its mass-market electric scooters and the buzz around its IPO. Sona Comstar jumped by 3.61% to ₹468.55, due to steady international demand for its EV components and drivetrains.
Among manufacturers of vehicle components, Bharat Forge grew by 2.65% to ₹1,265.20 and Minda Corporation also appreciated by 2.52% to ₹583.05, after winning electric mobility contracts. This is a strong endorsement of work in the field of EV components. UNO Minda increased by 2.31%, maintaining momentum amid other sales of components for EVs.
Battery and energy companies experienced mixed fortunes. Exide Industries raised by 1.86% and Amara Raja Energy & Mobility rose by 0.48% amid increasing investment in EV battery production and a recycling announcement. Exicom Tele-Systems Ltd., gracing the market with its fast-developing EV charging solution to better India’s infrastructure, finished up 0.32%, determining that chasing EV charging will provide reasonable investor confidence in India’s charging network.
Automotive majorities maintained their upward momentum, with Tata Motors rising by 1.53% to ₹396.80 and Hero MotoCorp increasing by 0.76%, confirming faith in the firms EV transition plans–albeit with fresh models yet to hit the market. JBM Auto rose by 1.06%, and Bosch increased by 0.34%, underpinned by sustained demand for automotive electronics.
Conversely, Olectra Greentech, a major bus manufacturer, fell by 1.49%, likely due to short-term profit taking after the recent rally.
Therefore, in summary, investor faith in India’s electric mobility and automotive innovation space is confirmed via the market’s performance, and that trend should continue as policies, technology and infrastructure evolve to support EV transformation.
TABLE
| Company Name | Closing Price on October 16 | Change % |
| AMARA RAJA ENERGY & MOBILITY | 996.65 | 0.48% |
| BHARAT ELECTRONICS | 411.8 | 0.91% |
| BHARAT FORGE | 1,265.20 | 2.65% |
| BOSCH | 38,510.00 | 0.34% |
| EXICOM TELE-SYSTEMS LTD. | 142.34 | 0.32% |
| EXIDE INDUSTRIES | 397.85 | 1.86% |
| GREAVES COTTON | 206.77 | 0.77% |
| HEG | 521.35 | 1.97% |
| HERO MOTOCORP | 5,579.50 | 0.76% |
| JBM AUTO | 659.9 | 1.06% |
| MINDA CORPORATION | 583.05 | 2.52% |
| OLA ELECTRIC MOBILITY LTD. | 55.38 | 4.99% |
| OLECTRA GREENTECH | 1,444.60 | -1.49% |
| SONA COMSTAR | 468.55 | 3.61% |
| TATA MOTORS | 396.8 | 1.53% |
| UNIPARTS INDIA | 530.7 | 0.56% |
| UNO MINDA | 1,235.20 | 2.31% |
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