On September 24, 2025, India’s electric vehicle (EV) and auto stocks also experienced a sharp decline with the majority of the key players posting losses. Market analysts identify tight investor sentiment due to global supply chain issues and sector-specific developments as the prime reasons for the setback.
Key decliners included Bharat Forge which fell 3.36% to close at ₹1,209.00 and Tata Motors down 2.63% at ₹682.95. Bharat Electronics (-2.23 per cent), Exicom Tele-Systems (-2.56 per cent) and OLA Electric Mobility ( -2.32 per cent ) too declined up to 58 per cent, mirroring some selling pressure seen in the EVs/auto space.
Trendy auto companies were not spared. Hero MotoCorp closed the day at ₹5,277.00, losing 1.75%, and JBM Auto fell 1.41%, closing at ₹727.85. Auto components industry leader Bosch lost 1.60%, closing at ₹38,760.00.
Some companies, however, defied the trend. Minda Corporation rose 8.35% to ₹579.10, while HBL Engineering was up 2.11% to close at ₹829.40. HEG saw a small increase of 0.50%, which reflected scattered investor confidence in some firms.
Other auto and EV stocks including Amara Raja Energy & Mobility (-0.86 per cent), Exide Industries (-0.91 per cent) and Olectra Greentech (-1.57%) also logged mild losses, reflecting the cautious stance of investors with selective profit booking.
Overall, September 24 is a day of market correction for India’s electric vehicle (EV) and automotive stocks as most shares sink. In addition to the companies’ own news and reports, market watchers continue to monitor any developments regarding supply chain and policy announcements as well.
TABLE
| Company Name | Closing Price on September 24 | Change % |
| AMARA RAJA ENERGY & MOBILITY | 1,000.00 | -0.86% |
| BHARAT ELECTRONICS | 395.45 | -2.23% |
| BHARAT FORGE | 1,209.00 | -3.36% |
| BOSCH | 38,760.00 | -1.60% |
| EXICOM TELE-SYSTEMS LTD. | 150.87 | -2.56% |
| EXIDE INDUSTRIES | 399.6 | -0.91% |
| GREAVES COTTON | 222.46 | -1.31% |
| HBL ENGINEERING | 829.4 | 2.11% |
| HEG | 521.9 | 0.50% |
| HERO MOTOCORP | 5,277.00 | -1.75% |
| JBM AUTO | 727.85 | -1.41% |
| MINDA CORPORATION | 579.10 | 8.35% |
| OLA ELECTRIC MOBILITY LTD. | 56.89 | -2.32% |
| OLECTRA GREENTECH | 1,644.90 | -1.57% |
| SONA COMSTAR | 416.8 | -1.08% |
| TATA MOTORS | 682.95 | -2.63% |
| UNIPARTS INDIA | 416.8 | -2.46% |
| UNO MINDA | 1,308.80 | -0.64% |