5 Best EV Stocks  in India

Published : 02 January 2023

Olectra Greentech Ltd

7.81%

13.25%

ROCE

ROE

10.83%

OPM

It is India’s largest and first-ever electric bus manufacturer.

₹1216.85

CMP

Tata Motors Ltd

5.32%

6.45%

ROCE

3.37%

The company has started launching EVs for its flagship cars such as Nexon EV, Tiago EV, etc.

₹714.95

CMP

ROE

OPM

Mahindra and Mahindra Ltd

18.24%

12.66%

ROCE

14.12%

The company produces EVs in the SUV car segment such as the Mahindra XUV400 EV.

₹1642.50

CMP

ROE

OPM

Eicher Motors Ltd

19.43%

24.32%

The company recently launched its first EV bus.

₹3995.90

CMP

22.00%

ROCE

ROE

OPM

TVS Motor Company Ltd

24.13%

20.89%

ROCE

10.46%

The company makes electric two-wheelers.

₹1978.85

CMP

ROE

OPM