The electric vehicle (EV) megatrend is a once in a century revolution, happening right in front of us. The revolution has taken the auto sector by storm with all segments ripe for disruption.
The megatrend is one of the biggest changes India will see over the coming years. Here are the top stocks riding the EV megatrend.
| Company | CMP (Rs) | P/E (x) | P/BV (x) | D/E (Curr FY, x) | EV/EBIT | RoE (Latest, %) | RoCE (Latest, %) | Dividend Yield (%) |
|---|---|---|---|---|---|---|---|---|
| TATA MOTORS | 470.8 | NM | 4.1 | 3.1 | 114.8 | NM | 1.6% | 0.0% |
| HEG | 1,347.8 | 11.1 | 1.3 | 0.2 | 10.2 | 10.0% | 13.5% | 3.0% |
| RAMKRISHNA FORG | 189.6 | 13.5 | 2.6 | 1.4 | 25.2 | 2.4% | 7.3% | 0.0% |
| AMARA RAJA BATTERIES | 515.6 | 16.9 | 1.9 | 0.0 | 12.9 | 11.3% | 15.5% | 0.9% |
| FIEM INDUSTRIES | 1,516.7 | 17.6 | 3.1 | 0.0 | 8.3 | 14.8% | 21.2% | 1.3% |
| EXIDE INDUSTRIES | 160.1 | 18.5 | 1.3 | 0.0 | 12.5 | 11.0% | 16.7% | 1.2% |
| GABRIEL INDIA | 145.2 | 18.9 | 2.6 | 0.0 | 11.9 | 11.7% | 17.0% | 1.1% |
| RATTANINDIA ENTERPRISES | 52.4 | 20.4 | 14.4 | 0.0 | 0.0 | 0.0% | 0.1% | 0.0% |
| GRAPHITE INDIA | 406.5 | 20.5 | 1.6 | 0.1 | 14.2 | 10.5% | 14.4% | 2.5% |
| HERO MOTOCORP | 2,837.0 | 20.7 | 3.5 | 0.0 | 13.9 | 16.0% | 20.9% | 3.3% |
| LUMAX IND | 1,428.9 | 22.8 | 2.6 | 0.7 | 17.3 | 6.9% | 12.3% | 0.9% |
| MINDA CORPORATION | 224.5 | 23.1 | 3.9 | 0.3 | 20.8 | 13.9% | 17.0% | 0.4% |
| HBL POWER | 77.2 | 23.2 | 2.7 | 0.1 | 27.9 | 1.6% | 4.1% | 0.5% |
| BHARAT ELECTRONICS | 284.9 | 25.7 | 5.6 | 0.0 | 13.8 | 19.2% | 25.8% | 1.6% |
| JBM AUTO. | 411.8 | 27.1 | 5.4 | 1.1 | 20.1 | 7.5% | 14.4% | 0.1% |
| BHARAT FORGE | 734.6 | 30.8 | 5.2 | 0.9 | 24.0 | 16.9% | 18.8% | 1.0% |
| KABRA EXTRUSION | 375.6 | 38.6 | 3.6 | 0.1 | 17.3 | 8.7% | 11.7% | 0.7% |
| BOSCH | 17,359.0 | 39.6 | 4.7 | 0.0 | 26.8 | 11.4% | 14.3% | 1.2% |
| ENDURANCE TECHNOLOGIES | 1,438.8 | 43.3 | 5.0 | 0.1 | 26.0 | 11.8% | 14.4% | 0.4% |
| HIMADRI SPECIALITY CHEMICAL | 100.3 | 66.6 | 2.2 | 0.4 | 23.8 | 2.6% | 5.2% | 0.1% |
| MINDA INDUSTRIES | 543.9 | 69.8 | 8.8 | 0.5 | 39.0 | 9.9% | 14.3% | 0.1% |
| SONA BLW PRECISION FORGINGS | 520.9 | 85.7 | 14.6 | 0.0 | 88.1 | 18.1% | 22.1% | 0.3% |
| MOTHERSON SUMI | 128.2 | 91.4 | 3.0 | 0.6 | 36.3 | 3.9% | 6.7% | 0.5% |
| OLECTRA GREENTECH | 624.2 | 103.7 | 6.6 | 0.0 | 89.7 | 1.1% | 2.5% | 0.0% |
| TATA POWER | 232.7 | 112.4 | 3.4 | 2.1 | 23.8 | 3.0% | 8.9% | 0.8% |
Disclaimer: This is for information purposes only. These are not stock recommendations and should not be treated as such. Learn more about our recommendation services here... Also note that these screeners are based only on numbers. There is no screening for management quality.
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