Battery manufacturing sector one of the best in future oriented sector in India and world. Because every day we use battery devices or product in our life. Everyone should invest in Battery Stocks to make wealth. Today the main component requirement of the vehicles is battery; this particular industry will see a tremendous growth in future.
Along with this, the companies which produce high quality plastics will get a boost. Automobile companies with more customer reach and market share are believed to benefit in future on the launch of electric vehicles segment.
Here we are discussing some best electric vehicle battery manufacturers stocks in india with their Market Capitalization that helps you to invest in share market.
EV Battery Stocks by Market Capitalization in India
|Exide Industries Ltd
|Amara Raja Batteries Ltd
|Eveready Industries India Ltd
|HBL Power Systems Ltd
|Indo National Ltd
|High Energy Batteries (India) Ltd
|Goldstar Power Ltd
1. Exide Ind
Exide Industries Limited manufactures, markets and sells a range of lead acid storage batteries. The Company makes batteries for the automotive, power, telecom, infrastructure projects, computer industries, railways, mining and defense sector. It is one of the top and most popular battery company in india. The turnover of the company is 16,120 cr and it is only one battery segment MidCap company that is listed on BSE and NSE.
2. Amara Raja Batteries
Amara Raja Batteries Limited is second most popular vehicle battery manufacturer in India. The company is a manufacturer of lead-acid storage batteries for industrial and automotive applications in India. It is a small cap company with the market Capitalization of 12,326 cr, and listed both Indian exchanges NSE and BSE
3. Eveready Industries
Eveready Industries India Limited is engaged in the business of marketing of fast moving consumer goods (FMCG), such as dry cell batteries, rechargeable batteries, flashlights, packet tea and general lighting products. It is also a small cap company but one of the top three popular stock in battery segment. The total market capitalization of the company is ₹2,464 cr.
4. HBL Power Systems Ltd
HBL Power Systems Limited was incorporated in year 1977 and the company mainly focused on engineered products and services. The Company is engaged in the design, development and manufacturing of specialized batteries and direct current systems in India and other engineering products. The company turnover is 1401.22 cr and it a small cap company.
Indo National Limited is a company, which is engaged in the manufacturing of dry batteries, flashlights and others. The Company offers various products, including batteries, CFL lamp, power station, torches and emergency power backup range. The company market capitalization is 403 cr and it is also a small cap company. The NIPPO BATTERY is one of the popular brands.
6. High Energy Batteries (India) Ltd
High Energy Batteries (India) Limited is a manufacturer of batteries. The Company’s batteries are used for various applications, such as underwater propulsion, control guidance, communication, emergency starting and aerospace. High Energy is a small cap company which has 321 cr market cap. The company was founded in 1991.
7. Goldstar Power Ltd
Goldstar Power Limited was incorporated in year 1982. The company is mainly engaged in manufacturing of batteries and its components. The Company caters its products to various industries, such as inverter/ups manufacturers, automobile, general industrial applications and solar energy storage. The company has just 23.59 cr market capitalization and small cap Size Company that is listed on Indian Stocks Exchanges both NSE and BSE.