Here we discuss Best EV Stocks in India for Long Term or Top 10 Penny EV Stocks in India. We know in this time EV (Electric Vehicle) is very emerging sector in India. The Indian Government views electric mobility as a key tool to reduce emission and improve air quality with its ambitious 30% penetration target by 2030.
Table of Contents
Top 10 Best EV stocks in India in 2024,2025,2026,2030
Stock Name
Sub-Sector
Market Cap (in cr)
Share Price
1Y Return (%)
Hindustan Copper Ltd
Mining – Copper
₹35,934.61
₹337.3
196.78
JBM Auto Ltd
Auto Parts
₹23,252.116
₹2,147.6
167.69
Himadri Speciality Chemical Ltd
Commodity Chemicals
₹17,269.79
₹337.5
157.04
Exide Industries Ltd
Batteries
₹40,353.75
₹527.85
149.04
Amara Raja Energy & Mobility Ltd
Batteries
₹22,148.81
₹1,277.5
106.53
Mahindra and Mahindra Ltd
Four Wheelers
₹3,09,045.91
₹2,699.85
91.31
Hero MotoCorp Ltd
Two Wheelers
₹1,02,330.74
₹5,534.25
90.52
Tata Motors Ltd
Four Wheelers
₹3,52,184.76
₹938.25
68.82
Hindalco Industries Ltd
Metals – Aluminium
₹1,50,601.96
₹677.5
63.03
Vedanta Ltd
Metals – Diversified
₹1,70,976.94
₹449.9
58.86
Best EV Stocks in India for Long Term/ Top 10 Penny EV Stocks in India.
Hindustan Copper Ltd: With a market cap of ₹35,934.61 crore, this mining giant in copper has seen a staggering 1-year return of 196.78%, currently priced at ₹337.3 per share.
JBM Auto Ltd: This auto parts manufacturer boasts a 1-year return of 167.69% and a market cap of ₹23,252.116 crore. Its share price is ₹2,147.6.
Himadri Speciality Chemical LtdEV Penny Stocks in India
Particular
Value
Open
₹420.85
Previous Close
₹417.75
Volume
4,056,597
Value (Lacs)
₹17,467.71
VWAP
₹427.16
Beta
0.94
Market Cap (Rs. Cr.)
₹21,250
High
₹433.05
Low
₹420.85
UC Limit
₹438.60
LC Limit
₹396.90
52 Week High
₹439.00
52 Week Low
₹133.50
Face Value
₹1
All Time High
₹442.90
All Time Low
₹0.40
20D Avg Volume
1,353,841
20D Avg Delivery(%)
—
Book Value Per Share
₹61.71
Dividend Yield
0.12%
TTM EPS
₹9.06 (+50.93% YoY)
TTM PE
47.53 (High PE)
P/B
6.98 (High P/B)
Sector PE
67.28
Himadri Speciality Chemical Ltd: Specializing in commodity chemicals, it has delivered a 157.04% return with a market cap of ₹17,269.79 crore and a share price of ₹337.5.
Exide Industries LtdEV Penny Stocks in India
Particular
Value
Open
₹554.50
Previous Close
₹551.90
Volume
11,059,876
Value (Lacs)
₹58,805.36
VWAP
₹538.90
Beta
1.28
Market Cap (Rs. Cr.)
₹45,194
High
₹554.85
Low
₹530.00
UC Limit
₹607.05
LC Limit
₹496.75
52 Week High
₹620.35
52 Week Low
₹241.70
Face Value
₹1
All Time High
₹620.35
All Time Low
₹1.93
20D Avg Volume
3,742,800
20D Avg Delivery(%)
—
Book Value Per Share
₹151.60
Dividend Yield
0.38%
TTM EPS
₹10.34 (+4.07% YoY)
TTM PE
51.42 (High PE)
P/B
3.51 (High P/B)
Sector PE
42.79
Exide Industries Ltd: A key player in the battery sector, Exide has a market cap of ₹40,353.75 crore and a share price of ₹527.85, yielding a 1-year return of 149.04%.
Best EV Stocks in India for Long Term/ Top 10 Penny EV Stocks in India.
Amara Raja Energy & Mobility LtdEV Penny Stocks in India
Particular
Value
Open
₹1,649.50
Previous Close
₹1,638.30
Volume
772,318
Value (Lacs)
₹12,743.25
VWAP
₹1,651.63
Beta
1.43
Market Cap (Rs. Cr.)
₹30,199
High
₹1,680.00
Low
₹1,625.00
UC Limit
₹1,965.95
LC Limit
₹1,310.65
52 Week High
₹1,775.95
52 Week Low
₹599.00
Face Value
₹1
All Time High
₹1,775.95
All Time Low
₹3.07
20D Avg Volume
1,135,682
20D Avg Delivery(%)
—
Book Value Per Share
₹371.46
Dividend Yield
0.60%
TTM EPS
₹49.34 (+21.34% YoY)
TTM PE
33.44 (High PE)
P/B
4.45 (High P/B)
Sector PE
42.79
Amara Raja Energy & Mobility Ltd: Another significant name in batteries, this company has seen a 106.53% return. It has a market cap of ₹22,148.81 crore and a share price of ₹1,277.5.
Mahindra and Mahindra LtdEV Penny Stocks in India
Particular
Value
Open
₹2,945.00
Previous Close
₹2,933.00
Volume
2,290,006
Value (Lacs)
₹66,916.27
VWAP
₹2,924.83
Beta
1.13
Market Cap (Rs. Cr.)
₹363,371
High
₹2,950.00
Low
₹2,904.60
UC Limit
₹3,226.30
LC Limit
₹2,639.70
52 Week High
₹3,013.50
52 Week Low
₹1,415.75
Face Value
₹5
All Time High
₹3,013.50
All Time Low
₹6.38
20D Avg Volume
2,910,400
20D Avg Delivery(%)
—
Book Value Per Share
₹530.40
Dividend Yield
0.72%
TTM EPS
₹90.62 (-1.84% YoY)
TTM PE
32.25 (High PE)
P/B
5.51 (High P/B)
Sector PE
31.66
Mahindra and Mahindra Ltd: A major four-wheeler manufacturer with a market cap of ₹3,09,045.91 crore and a share price of ₹2,699.85, it has achieved a 1-year return of 91.31%.
Hero MotoCorp LtdEV Penny Stocks in India
Particular
Value
Open
₹5,455.00
Previous Close
₹5,424.35
Volume
412,385
Value (Lacs)
₹22,451.48
VWAP
₹5,480.19
Beta
0.60
Market Cap (Rs. Cr.)
₹108,848
High
₹5,548.00
Low
₹5,410.60
UC Limit
₹5,966.75
LC Limit
₹4,881.95
52 Week High
₹5,894.55
52 Week Low
₹2,890.00
Face Value
₹2
All Time High
₹5,894.55
All Time Low
₹115.05
20D Avg Volume
535,335
20D Avg Delivery(%)
—
Book Value Per Share
₹885.25
Dividend Yield
2.57%
TTM EPS
₹187.31 (+33.22% YoY)
TTM PE
29.07 (High PE)
P/B
6.16 (High P/B)
Sector PE
36.65
Hero MotoCorp Ltd: Leading the two-wheeler segment, it has a market cap of ₹1,02,330.74 crore and a share price of ₹5,534.25, reflecting a 90.52% return.
Tata Motors LtdEV Penny Stocks in India
Particular
Value
Open
₹1,125.80
Previous Close
₹1,124.00
Volume
28,592,304
Value (Lacs)
₹332,199.68
VWAP
₹1,159.57
Beta
0.98
Market Cap (Rs. Cr.)
₹386,275
High
₹1,179.00
Low
₹1,118.60
UC Limit
₹1,236.40
LC Limit
₹1,011.60
52 Week High
₹1,179.00
52 Week Low
₹593.30
Face Value
₹2
All Time High
₹1,179.00
All Time Low
₹10.65
20D Avg Volume
11,650,223
20D Avg Delivery(%)
—
Book Value Per Share
₹255.11
Dividend Yield
0.52%
TTM EPS
₹94.44 (+240.49% YoY)
TTM PE
12.30 (Average PE)
P/B
4.56 (High P/B)
Sector PE
42.54
Tata Motors Ltd: This four-wheeler giant has a market cap of ₹3,52,184.76 crore and a share price of ₹938.25, with a 1-year return of 68.82%.
Hindalco Industries LtdEV Penny Stocks in India
Particular
Value
Open
₹665.00
Previous Close
₹666.85
Volume
6,714,850
Value (Lacs)
₹44,351.58
VWAP
₹658.53
Beta
1.10
Market Cap (Rs. Cr.)
₹148,428
High
₹665.00
Low
₹654.60
UC Limit
₹733.50
LC Limit
₹600.20
52 Week High
₹715.25
52 Week Low
₹438.15
Face Value
₹1
All Time High
₹715.25
All Time Low
₹36.75
20D Avg Volume
5,270,051
20D Avg Delivery(%)
—
Book Value Per Share
₹472.36
Dividend Yield
0.53%
TTM EPS
₹45.19 (-0.64% YoY)
TTM PE
14.62 (High PE)
P/B
1.40 (High P/B)
Sector PE
32.09
Hindalco Industries Ltd: An aluminum metal player, it has a market cap of ₹1,50,601.96 crore, a share price of ₹677.5, and a return of 63.03%.
Vedanta Ltd EV Penny Stocks in India
Particular
Value
Open
₹446.80
Previous Close
₹448.95
Volume
16,607,270
Value (Lacs)
₹74,267.71
VWAP
₹444.76
Beta
1.24
Market Cap (Rs. Cr.)
₹174,885
High
₹448.15
Low
₹440.20
UC Limit
₹493.80
LC Limit
₹404.05
52 Week High
₹506.75
52 Week Low
₹208.00
Face Value
₹1
All Time High
₹506.75
All Time Low
₹0.93
20D Avg Volume
17,781,408
20D Avg Delivery(%)
—
Book Value Per Share
₹78.61
Dividend Yield
6.60%
TTM EPS
₹10.84 (-54.14% YoY)
TTM PE
41.25 (High PE)
P/B
5.69 (High P/B)
Sector PE
20.27
Vedanta Ltd: In the diversified metals sector, Vedanta has a market cap of ₹1,70,976.94 crore and a share price of ₹449.9, with a return of 58.86%.
Faq
Best ev stocks in india for long term under 10 rupees
Company
Sector
Description
Hindustan Aeronautics Ltd (HAL)
Aerospace & Defense
While not a direct EV manufacturer, HAL is involved in advanced technology, including electric propulsion research.
Bharat Forge Ltd
Auto Components
Supplies components for EVs and has been exploring EV technology integration.
Kalon Biotherapeutics
Biotechnology
Engaged in research and development which includes exploration of electric vehicle technologies.
L&T Technology Services Ltd
IT Services
Provides technology solutions that support the EV sector, including software for EVs.
Which EV stock will grow the most in India?
Here are some of the top EV stocks in India with high growth potential:
Tata Motors Ltd
Mahindra & Mahindra Ltd
Maruti Suzuki India Ltd
Ather Energy
Ola Electric Mobility Pvt Ltd
Eicher Motors Ltd
JBM Auto Ltd
Bharat Forge Ltd
Hero MotoCorp Ltd
Exide Industries Ltd
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