Top 5 Multibagger EV Battery Stocks
1. Exide Industries
This giant in the automotive battery sector isn’t just about cars; they’re gearing up for the electric vehicle revolution with plans for lithium-ion battery plants. They’re like the Gandalf of batteries, always there when you need a power boost.
- Market Cap₹ 42,134 Cr.
- Current Price₹ 496
- High / Low₹ 620 / 242
- Stock P/E48.2
- Book Value₹ 152
- Dividend Yield0.40 %
- ROCE10.2 %
- ROE7.05 %
- Face Value₹ 1.00
Battery Manufacturing Company Penny Stocks
2. Amara Raja Batteries
Known for brands like Amaron, they’re not just powering your vehicles but also your solar panels. They’re like the Legolas of batteries, always hitting the target with precision.
- Market Cap₹ 28,570 Cr.
- Current Price₹ 1,561
- High / Low₹ 1,776 / 599
- Stock P/E30.4
- Book Value₹ 370
- Dividend Yield0.63 %
- ROCE18.7 %
- ROE14.0 %
- Face Value₹ 1.00
Battery Penny stocks in India
3.HBL Power Systems
Specializing in lead-acid batteries, they’ve been showing some impressive growth numbers, making them a bit like the Frodo of the stock market, carrying a heavy load but with great potential.
- Market Cap₹ 17,713 Cr.
- Current Price₹ 639
- High / Low₹ 685 / 234
- Stock P/E54.1
- Book Value₹ 44.0
- Dividend Yield0.08 %
- ROCE34.4 %
- ROE27.7 %
- Face Value₹ 1.00
Battery hidden penny stocks
4.Tata Chemicals
While not solely a battery company, their involvement in lithium-ion battery materials makes them a crucial player. Think of them as the Samwise Gamgee, supporting the journey with essential supplies.
- Market Cap₹ 26,555 Cr.
- Current Price₹ 1,042
- High / Low₹ 1,350 / 933
- Stock P/E34.2
- Book Value₹ 873
- Dividend Yield1.44 %
- ROCE7.81 %
- ROE2.32 %
- Face Value₹ 10.0
Lithium-ion Battery Stocks India
5.High Energy Batteries (India)
Focused on military and high-performance applications, they’re like the Aragorn of the battery world, not always in the spotlight but incredibly powerful when needed.
- Market Cap₹ 634 Cr.
- Current Price₹ 708
- High / Low₹ 1,059 / 485
- Stock P/E45.0
- Book Value₹ 97.8
- Dividend Yield0.42 %
- ROCE27.9 %
- ROE22.2 %
- Face Value₹ 2.00
Battery stocks under 10 Rs
These stocks are riding the wave of India’s push towards electric mobility and renewable energy, which is like saying they’re on a quest for the Holy Grail of investment returns.
Remember, while these stocks are hot, they’re also in a sector that’s rapidly evolving, so keep your eyes peeled for new players or shifts in market dynamics. Investing in them could be like betting on who’ll sit on the Iron Throne; exciting but with dragons (risks) involved!