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EV Stocks: Top EV Shares in India (2026)

India’s EV ecosystem continues to expand across vehicles, batteries, components and charging infrastructure. Under PM E-DRIVE, 26.59 lakh EVs had been sold by June 2026, while the scheme’s outlay stands at ₹11,900 cr and implementation has been extended to March 2028. Growth is increasingly linked to domestic manufacturing, battery localisation, charging availability and competition across two-wheelers, passenger vehicles and commercial EVs.
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Top EV Stocks (2026) - Latest Price, Returns And Insights

EV Stock Screener

EV Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 20 of 24 results

last updated at 6:30 PM IST 
NameStocks (24)↓↓Sub-SectorSub-Sector↓↓Market CapMarket Cap↓↓Close PriceClose Price↓↓PE RatioPE Ratio↓↓1D Return1D Return↓↓1M Return1M Return↓↓6M Return6M Return↓↓1Y Return1Y Return↓↓PB RatioPB Ratio↓↓Return on EquityReturn on Equity↓↓ROCEROCE↓↓Dividend YieldDiv Yield↓↓Debt to EquityDebt to Equity↓↓Volatility vs NiftyVolatility vs Nifty↓
1.Samvardhana Motherson International LimitedMOTHERSONAuto PartsAuto Parts1,66,369.531,66,369.53156.50156.5043.1043.10-2.19-2.19-2.40-2.4029.1129.1146.4346.433.813.819.569.5612.0312.030.380.380.440.442.302.30
2.Bosch LtdBOSCHLTDAuto PartsAuto Parts1,39,221.591,39,221.5947,200.0047,200.0050.2050.20-0.77-0.772.702.7031.1331.1326.8526.859.389.3819.3519.3524.2824.280.570.570.010.012.012.01
3.Hero MotoCorp LtdHEROMOTOCOTwo WheelersTwo Wheelers1,03,412.961,03,412.965,167.005,167.0018.0118.011.211.21-1.33-1.331.331.33-6.31-6.314.744.7427.8627.8631.9131.913.583.580.040.041.831.83
4.Tata Motors Passenger Vehicles LtdTMPVFour WheelersFour Wheelers97,746.6197,746.61265.40265.401.191.19-0.23-0.23-5.55-5.55-22.30-22.30-35.65-35.650.820.8268.2068.2039.6639.661.131.130.670.672.062.06
5.Bharat Forge LimitedBHARATFORGIron & SteelIron & Steel84,051.3584,051.351,720.001,720.0077.8577.85-2.62-2.62-10.93-10.93-8.59-8.5930.5830.588.798.7911.5011.5015.7315.730.480.480.760.762.042.04
6.UNO Minda LtdUNOMINDAAuto PartsAuto Parts62,510.8362,510.831,082.501,082.5052.2252.22-0.45-0.45-6.61-6.61-2.70-2.70-11.47-11.478.618.6117.9017.9020.7420.740.240.240.380.382.172.17
7.Sona BLW Precision Forgings LtdSONACOMSAuto PartsAuto Parts55,672.0555,672.05890.50890.5086.9786.971.931.938.348.3446.6446.6484.3984.399.089.0810.8710.8713.2613.260.380.380.070.072.182.18
8.Endurance Technologies LtdENDURANCEAuto PartsAuto Parts31,978.2931,978.292,273.402,273.4033.6033.60-1.66-1.66-14.92-14.92-2.45-2.45-20.29-20.294.674.6715.1615.1616.3416.340.510.510.190.192.052.05
9.Exide Industries LtdEXIDEINDBatteriesBatteries28,517.5028,517.50335.50335.5033.3933.39-2.64-2.64-18.57-18.57-6.95-6.95-12.41-12.412.052.056.136.138.938.930.600.600.110.112.072.07
10.Gabriel India LtdGABRIELAuto PartsAuto Parts27,307.8827,307.881,425.001,425.00108.25108.25-1.43-1.438.048.0438.9438.9413.2113.2119.6219.6219.5919.5922.8122.810.260.260.110.113.323.32
11.Himadri Speciality Chemical LtdHSCLCommodity ChemicalsCommodity Chemicals25,692.9225,692.92509.20509.2034.2034.20-5.04-5.04-24.20-24.20-16.22-16.224.774.775.405.4017.6117.6121.0121.010.160.160.160.162.612.61
12.HBL Engineering LtdHBLENGINEBatteriesBatteries22,157.5822,157.58799.35799.3527.1927.19-2.01-2.01-1.85-1.850.110.11-20.28-20.2810.0110.0144.1044.1046.5946.590.380.380.030.033.153.15
13.Minda Corporation LtdMINDACORPAuto PartsAuto Parts14,885.4014,885.40632.45632.4541.3141.31-1.30-1.30-7.22-7.2221.6021.6011.1211.125.605.6014.8314.8315.1715.170.220.220.550.552.132.13
14.Graphite India LtdGRAPHITEElectrical Components & EquipmentsElectrical Components & Equipments14,181.3414,181.34725.85725.8580.8880.88-2.89-2.89-7.54-7.542.652.6514.1214.122.422.422.992.994.464.460.960.960.060.062.972.97
15.Amara Raja Energy & Mobility LtdARE&MBatteriesBatteries12,571.1012,571.10686.85686.8514.0314.03-2.45-2.45-11.42-11.42-21.46-21.46-32.43-32.431.551.5511.5711.5714.4614.461.541.540.050.052.162.16
16.Ramkrishna Forgings LtdRKFORGERailRail11,981.2011,981.20646.90646.90166.87166.87-3.76-3.76-9.97-9.978.128.1218.6918.693.643.642.272.275.905.900.150.150.740.742.492.49
17.JBM Auto LtdJBMAAuto PartsAuto Parts11,059.6511,059.65467.65467.6550.5550.55-4.16-4.16-17.45-17.45-25.79-25.79-31.32-31.326.956.9514.6914.6922.4922.490.180.181.901.902.832.83
18.HEG Advanced Materials LtdHEGAMElectrical Components & EquipmentsElectrical Components & Equipments7,836.357,836.35237.61237.6122.9622.96-2.37-2.37-1.75-1.7511.2211.2212.5812.581.651.657.417.419.169.160.840.840.170.172.982.98
19.Olectra Greentech LtdOLECTRAElectrical Components & EquipmentsElectrical Components & Equipments7,806.707,806.70951.10951.1043.9843.98-2.60-2.60-17.00-17.00-23.64-23.64-37.88-37.886.336.3315.5315.5320.9720.970.060.060.310.312.952.95
20.Lumax Industries LtdLUMAXINDAuto PartsAuto Parts4,643.494,643.494,967.504,967.5026.9226.92-2.32-2.32-12.62-12.62-2.42-2.421.071.075.065.0620.3920.3921.8021.801.111.111.061.063.233.23

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Companies that are associated with the EV sector in India, based on publicly available information. Sorted based on market capitalisation.

Union Budget 2026-27 Updates Affecting the EV Sector in India

  1. Customs duty relief for cell manufacturing: The Budget extended basic customs duty exemptions on capital goods required to manufacture lithium-ion cells for electric vehicles and battery energy storage systems (BESS). This lowers capital costs for setting up and expanding battery plants in India.
  2. Expansion of duty-exempt machinery list: The government added 35 capital goods for EV battery manufacturing and 28 capital goods for mobile phone battery manufacturing to the duty-exempt list. This aims to reduce upfront investment costs across multiple battery manufacturing segments.
  3. Duty-free recycling of battery scrap: Customs duty was removed on lithium-ion battery waste and scrap to support recycling and promote a circular economy. This step improves access to secondary raw materials and reduces dependence on imported inputs.
  4. Support for critical mineral processing: Capital goods used for processing critical minerals such as lithium, cobalt, and rare earth elements received customs duty exemptions. This targets supply chain risks in battery and EV motor manufacturing.
  5. Rare Earth Corridors announced: The Budget proposed dedicated Rare Earth Corridors in Odisha, Kerala, Andhra Pradesh, and Tamil Nadu to support permanent magnet manufacturing for EV motors and clean energy applications.
  6. Stronger focus on BESS for grid stability: Continued duty exemptions and policy support for Battery Energy Storage Systems were aligned with renewable energy expansion, aiming to improve grid stability and make storage solutions more cost-competitive.

Overview of Best EV Stocks in India

Samvardhana Motherson International Ltd

Established in 1986, Samvardhana Motherson International is a global automotive components manufacturer. It supplies wiring harnesses, mirrors, modules, polymer products and other systems to major vehicle manufacturers across multiple countries.

Tata Motors Passenger Vehicles Ltd

Established in 2020 as a subsidiary of Tata Motors, Tata Motors Passenger Vehicles focuses on passenger cars and SUVs in India. Its portfolio includes internal combustion, CNG and electric vehicles across multiple price segments.

Bosch Ltd

Established in India in 1951, Bosch Ltd is a leading automotive technology and engineering company. It provides mobility solutions, fuel systems, powertrain technologies, electronics, aftermarket products and industrial solutions.

Bharat Forge Ltd

Established in 1961, Bharat Forge is a major engineering and manufacturing company. It produces forged and machined components for automotive, industrial, defence, aerospace, railways and energy applications.

Hero MotoCorp Ltd

Established in 1984, Hero MotoCorp is one of India’s largest two-wheeler manufacturers. It produces motorcycles and scooters across commuter, premium and electric mobility segments and has a presence in several international markets.

What are EV Stocks

EV stocks are shares of companies involved in the electric vehicle industry. These include vehicle manufacturers producing electric cars, two-wheelers, buses, and commercial vehicles, as well as businesses supplying batteries, charging infrastructure, critical minerals, and related components. They also cover firms offering energy services, fleet operations, or technology solutions that support EV adoption.

Growth of Electric Vehicles in India




EV penetration in India has increased sharply over the past decade, rising from just 0.08% of vehicle registrations in FY16 to 8.26% in FY26. Growth has been strongest in electric two-wheelers and three-wheelers, while passenger EV adoption is also expanding. Charging infrastructure is developing alongside vehicle sales, with 67,657 EV chargers available by August 2026. PM E-DRIVE carries an outlay of ₹11,900 cr and has been extended through March 2028, supporting continued adoption across several vehicle categories.



About EV Sector in India

India’s EV sector now spans electric two-wheelers, three-wheelers, passenger cars, buses, commercial vehicles, batteries, components, charging infrastructure and automotive technology. EVs accounted for 8.26% of total vehicle registrations in FY26, showing how adoption has moved beyond a niche segment. Government schemes such as PM E-DRIVE and PLI programmes are supporting vehicle demand, battery manufacturing and localisation. By June 2026, PM E-DRIVE had supported 26.59 lakh EV sales, while domestic manufacturers continued investing in new models and production capacity.

How to Invest in Electric Vehicle Stocks?

Investing in electric vehicle stocks in India using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in electric vehicle stocks:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. 

  3. Search for EV Stocks: Go to Tickertape Stock Screener and search for EV sector stocks.
  4. 

  5. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter if your preferred parameters are not available. This can help you narrow down the EV sector stocks list.
  6. 

  7. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in-depth.
  8. 

  9. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  10. 

  11. Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.
  12. 


You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Advantages of Investing in EV Sector Stocks

Capacity Expansion

India plans to increase nuclear capacity from 8.78 GW in 2026 to about 22 GW by 2031-32 and 100 GW by 2047, creating long-term project opportunities across engineering and equipment suppliers.

Private Participation

The SHANTI Act enables wider public and private participation in nuclear power. This broadens the potential opportunity set beyond NPCIL to engineering, construction, heavy-equipment and specialised component companies linked to future projects.

Project Pipeline

India had 18 reactors totalling 13,600 MW under implementation in March 2026. Such a multi-year pipeline can support order visibility for companies supplying turbines, forgings, electrical systems and specialised nuclear components.

SMR Development

The Nuclear Energy Mission targets at least five indigenous small modular reactors by 2033. SMRs could create new opportunities for domestic engineering firms involved in compact reactor systems, components and industrial applications.

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Risks Associated With Investing in EV Stocks

Long Timelines

Nuclear projects typically require 10–12 years for construction and commissioning. Delays in approvals, land acquisition, equipment delivery, or execution can postpone revenue recognition for companies that depend on large nuclear project orders.

Project Concentration

India’s nuclear expansion remains concentrated in relatively few large projects. Delays at sites such as Kudankulam or Rajasthan can therefore affect order execution and working-capital cycles for suppliers with significant nuclear exposure.

Policy Dependence

The 100 GW roadmap depends on government policy, financing and regulatory implementation. Changes in project approvals, technology partnerships or private-sector participation could alter the timing and commercial opportunity available to listed suppliers.

Safety Constraints

Nuclear projects face stringent siting, construction and operational standards. Public concerns around safety and rehabilitation have arisen at some locations, creating potential delays even when long-term policy support remains intact.

Factors to Consider When Investing in EV Stocks

Order Pipeline

Nine reactors totalling 7,500 MW remained under construction in July 2026. The pace of progress on these projects can directly influence order inflows, execution schedules, and revenue visibility for nuclear-equipment suppliers.

Capacity Targets

India plans to move from 8.78 GW to 22 GW by 2031-32 and ultimately 100 GW by 2047. These targets determine the scale of long-term demand for reactors, components and engineering services.

SMR Commercialisation

BARC is developing the 220 MWe Bharat Small Modular Reactor and 55 MWe SMR-55. Commercial progress could expand the addressable market beyond conventional large reactors into industrial and brownfield applications.

Execution Progress

RAPP-8 was 96.26% complete by June 2026, while Kudankulam units remained at earlier construction stages. Project progress data helps indicate when equipment suppliers may recognise deliveries and associated revenue.

Conclusion

The electric vehicle (EV) sector in India is rapidly expanding, bringing lots of opportunities for people looking to invest. However, the dynamic nature of this sector, characterised by swift technological evolutions and regulatory changes, underscores the importance of conducting thorough research before making any investment decisions. By being careful and making informed choices, you can make the most out of the growing EV market in India and help support a cleaner environment. Investors can use the Tickertape Stock Screener to compare EV-related stocks across factors such as market capitalisation, valuation, profitability, returns and financial performance before making an informed investment decision.

Frequently Asked Questions on EV Stocks

  1. What are EV stocks?

    Electric vehicle stocks are shares of companies involved in India’s electric mobility ecosystem. These may include electric two-wheeler, three-wheeler and passenger vehicle manufacturers, battery makers, auto-component suppliers, charging infrastructure providers and EV technology companies.

  2. How to invest in EV stocks in India?

    Here’s how you can explore an EV stocks list and invest in electric vehicle companies:

    1. Go to the Tickertape Stock Screener.
    2. Open the EV Stocks collection.
    3. Analyse EV stocks using 200+ filters covering valuation, financials, profitability, returns, technical indicators and more.
    4. Compare the shortlisted companies based on your investment goals, risk appetite and research.
    5. Once you have selected a stock, click ‘Place Order’ to proceed with the investment.

    Disclaimer: Please do your own research or consult a financial advisor before investing.

    Disclaimer: Please do your own research or consult a financial advisor before investing.

  3. What are some of the top EV stocks in India?

    As of 21st October 2026, some of the best EV stocks in India, based on market capitalisation, include:
    1. Samvardhana Motherson International Ltd
    2. Tata Motors Passenger Vehicles Ltd
    3. Bosch Ltd
    4. Bharat Forge Ltd
    5. Hero MotoCorp Ltd

    Disclaimer: The above EV stocks list is based on market capitalisation and is provided for educational purposes only. It should not be considered investment advice.

  4. What factors affect EV share prices?

    Several factors can influence EV stocks in India and the share prices of listed companies:
    1. Government Policies: Subsidies, tax incentives, EV schemes and emission regulations can affect demand and company growth.
    2. Charging Infrastructure: Expansion of public and private charging networks can support wider EV adoption.
    3. Technology: Improvements in battery range, charging speed, safety and manufacturing costs can affect a company’s competitiveness.
    4. Competition: New product launches, pricing and the entry of domestic or global players can influence market share and profitability.
    5. Raw Material Costs: Changes in lithium, nickel and other battery-material prices can affect production costs and margins.

  5. What is the future outlook for EV stocks in India?

    The outlook for EV sector stocks depends on adoption across two-wheelers, passenger vehicles, and commercial vehicles. Changes in EV market share in India, charging infrastructure, battery manufacturing and government support can influence long-term sector growth.

    Disclaimer: This information is for educational purposes only and is based on industry trends and available research. Future performance may differ from current projections.

  6. How to choose EV stocks for investing?

    When evaluating electric vehicle companies in India, consider EV revenue exposure, market share, profitability, debt, expansion plans, and technology investments. Competition, policy exposure and the ability to scale operations also influence performance.

    Disclaimer: This is not an investment recommendation. Please conduct your own research or consult a financial advisor before investing.

  7. Do EV stocks offer regular dividends?

    Dividend policies vary across electric vehicle stocks. Some established automobile companies have historically paid dividends, while many EV-focused businesses may retain more capital for manufacturing capacity, technology development and expansion.

    Disclaimer: The latest data on dividends is derived from Tickertape Stock Screener.

  8. Are EV stocks in India a good long-term investment?

    The long-term performance of the best EV stocks in India depends on electric mobility adoption, government incentives, technological developments, competition and company execution. Individual returns can differ significantly despite broader sector growth.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  9. What are the benefits of investing in EV stocks?

    An EV stocks list provides exposure to different parts of India’s electric mobility ecosystem, including vehicle manufacturers, battery makers, component suppliers and charging companies that may participate differently in EV adoption and localisation trends.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  10. What are the risks of investing in EV stocks?

    EV stocks in India can be affected by high capital requirements, changing incentives, battery costs, technology shifts, supply-chain disruptions and competition. Profitability may also weaken if adoption grows slower than expected.

  11. Which are the top 10 EV companies in India?

    As of 21st September 2026, the following top 10 EV stocks in India are among the larger listed EV-related businesses by market capitalisation:
    1. Samvardhana Motherson International Ltd
    2. Tata Motors Passenger Vehicles Ltd
    3. Bosch Ltd
    4. Bharat Forge Ltd
    5. Hero MotoCorp Ltd
    6. UNO Minda Ltd
    7. Sona BLW Precision Forgings Ltd
    8. Himadri Speciality Chemical Ltd
    9. Endurance Technologies Ltd
    10. Exide Industries Ltd

    Disclaimer: The above EV stocks list is for educational purposes only and should not be considered investment advice.

  12. How does the union budget influence EV stocks?

    The Union Budget can influence electric vehicle stocks through incentives for vehicle adoption, battery manufacturing, charging infrastructure, localisation and customs duties. Programmes such as PM E-DRIVE and PLI schemes can affect demand and the economics of domestic production.

  13. What are EV penny stocks in India?

    EV penny stocks are low-priced shares of companies exposed to electric vehicles, batteries, components or charging infrastructure. To identify such names in an EV stocks list, investors can use the Tickertape Stock Screener and apply the relevant price filter.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.