On October 24, 2025, shares of India’s electric vehicle (EV) and auto parts companies dropped significantly. This indicated that those in the clean mobility and manufacturing sectors were feeling pessimistic. Investors appeared cautious due to unstable global markets, profit-taking, and low expectations for demand during the upcoming holiday season.
Amara Raja Energy & Mobility declined by 0.10% to ₹996.80, while Bharat Forge decreased by 1.25% to ₹1,283.90. Both companies suffered from weak global signals in the metal and automotive supply chain. Bosch also fell 0.87%, ending at ₹38,585.00, because people were worried about rising input costs.
Stocks in the EV ecosystem faced significant pressure. Exicom Tele-Systems Ltd. dropped 2.12% to ₹139.41, while Ola Electric Mobility Ltd. fell 1.63% to ₹52.82. Exide Industries and Olectra Greentech also experienced declines, losing 0.88% and 0.55%, respectively.
The stock prices of Uno Minda and Minda Corporation, both part manufacturers, decreased by 0.46% and 0.38%, respectively. This aligns with the general reduction in the EV supply chain sector. Uniparts India experienced one of the largest declines of the day, falling 4.41% to ₹465.95. This likely occurred due to investors taking profits while institutions remained less engaged.
Some businesses were able to stay positive. Strong defense orders helped Bharat Electronics Ltd. rise 0.82% to ₹422.05. On the other hand, HEG and Sona Comstar only went up by 0.26% and 0.14%, respectively.
Experts in the market say that the drop may not last long because investors are waiting for more information on Q3 earnings and government incentives for the EV sector. However, the significant drop today shows that people are concerned about short-term profitability, the stability of the supply chain, and investors’ confidence in India’s rapidly changing EV ecosystem.
TABLE
| Company Name | Closing Price on October 24 | Change % |
| AMARA RAJA ENERGY & MOBILITY | 996.80 | -0.10% |
| BHARAT ELECTRONICS | 422.05 | 0.82% |
| BHARAT FORGE | 1,283.90 | -1.25% |
| BOSCH | 38,585.00 | -0.87% |
| EXICOM TELE-SYSTEMS LTD. | 139.41 | -2.12% |
| EXIDE INDUSTRIES | 388.7 | -0.88% |
| GREAVES COTTON | 204.94 | -0.44% |
| HEG | 515.70 | 0.26% |
| HERO MOTOCORP | 5,540.50 | -0.86% |
| JBM AUTO | 649 | -0.77% |
| MINDA CORPORATION | 565.05 | -0.38% |
| OLA ELECTRIC MOBILITY LTD. | 52.82 | -1.63% |
| OLECTRA GREENTECH | 1,412.90 | -0.55% |
| SONA COMSTAR | 478.7 | 0.14% |
| TATA MOTORS | 403.3 | -0.63% |
| UNIPARTS INDIA | 465.95 | -4.41% |
| UNO MINDA | 1,192.00 | -0.46% |
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