Algo Trading


Stock Market Blogs

Here is Why You Should Invest in Electric Vehicle Stocks June 30 2021Vehicle Stocks, Tesla share price , electric vehic

Visit Count: 1863

Electric vehicle stocks

Electric vehicles (EVs) in India are playing an essential role in coping with the challenges of air pollution and greenhouse gas (GHG) emissions. Five out of the ten most polluted cities in the world are in India.

Despite the challenging fiscal year 2020, the EV industry posted a 20% rise over 2019 in domestic sales in India at 156,000 units. In contrast, the internal combustion (IC) engine-powered vehicle segment registered an approximate decline of 34% against the same period last year.

In furtherance to that, with the recent rises in the diesel and petrol prices, the Indian citizens are choosing an alternative method of mobility to match their budget and extent a helping hand in protecting the environment.

In this transition phase, the Indian government has revised the policies to include India, a pioneer in electric mobility for global technology and vehicle companies. This policy framework has hugely been designed to usher in electric mobility since it holds a good promise for economic growth and comfortable living.

India’s push toward electric vehicles is creating opportunities for companies in ancillary spaces such as battery manufacturing,

The move toward electric vehicles is “inevitable” globally and in India, where higher fuel prices can make owning cars that run on electricity comparatively more affordable.

What to Look for in Electric Vehicle Stocks?

To invest safely in electric vehicle stocks, look for:

·  Companies with a high market reach

·  Companies that offer good battery products

·  Companies that produce durable plastic products

Which Stocks to Watch Out For?

·   Motherson Sumi and Exide Industries: You have the battery manufacturers on one hand that are looking to develop the battery for the EVs, and on the other side, you have companies who are into the electrical part of the vehicles.

·   Amara Raja Batteries – One of the biggest battery makers in India is planning to build a Lithium-ion plant in the recent future and is also working towards promoting the use of electric vehicles.

·  Minda Industries – The Indian auto parts maker is looking for possible EV-compatible systems and is also working on research to step into the electric vehicle segment.

·   Maruti Suzuki : It is the largest carmaker in the country. It has a strong distribution network, and with a tie-up with Toyota, they are the best-suited for driving EV sales or EV cars into India.

·   Tata Motors and Mahindra & Mahindra both have electric vehicles that are currently being sold in India.

Boost from Tesla

The EV sector in South Asia’s largest economy is likely to receive a boost from Tesla.

The U.S. firm last month incorporated Tesla Motors India and Energy Private Limited with a registered office in the tech hub of Bengaluru in Karnataka. The news wire Reuters reported that a state government document claimed Tesla would open an electric car manufacturing unit in Karnataka.

CEO Elon Musk previously said on Twitter that Tesla cars would be available in the country starting this year.

For its part, India is attempting to reduce its dependency on oil and also decrease air pollution. That may spur the push into electric vehicles. In the latest annual budget, the finance minister announced a voluntary vehicle scrapping policy to phase out old vehicles that contribute to poor air quality.

Also Read - Long Term Investment in Electric Vehicle Stocks

Blog Enquiry

Prevent Unauthorized Transactions in your demat and trading account --> Update your Mobile Number/Email id with your Depository Participant and Stock Broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat/trading account directly from CDSL and Stock Exchanges on the same day.........issued in the interest of investors...

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your Mobile Number & Email Id with your Stock Broker/ Depository Participant and receive OTP directly from Depository on your Email Id and/ or Mobile Number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued by NSE vide. Circular No. NSE/INSP/45191 dated: July 31, 2020 and NSE/INSP/45534 and BSE vide Notice No. 20200731-7, dated: July 31, 2020 and 20200831- 45 dated: August 31, 2020 and dated: August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities/ MF/ Bonds in the Consolidated Account Statement issued by NSDL/ CDSL every month.


  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost

Dear Investor,
As you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in securities market. In this connection, please find a link to the BSE Investor Protection Fund website where you will find some useful educative material in the form of text and videos, so as to become an informed investor.
We believe that an educated investor is a protected investor !!!

"As per the directives of CDSL and esteemed Exchanges, it has been made mandatory for every client to furnish their latest KYC details viz. Valid Mobile No., Email- Id & Income range on or before 31.05.2021 else your Account will be marked as Non Compliant and will be Freezed till the compliance of such requirement."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
Dear Investor if you wish to revoke your un-executed eDis mandate, please mail us with ISIN and quantity on by today EOD."

INDIRA SECURITIES PVT.LTD. (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015, CIN : U67120MH1996PTC160201




Indrendu Joshi. Email: Call : 0731-4797275

Investor grievance complaint :