Thread by @BiIndia

If you can’t buy #Ola or #Tesla shares, these are six stocks to track if you are looking to play the EV revolution in India

businessinsider.in/stock-market/n…

By @Bhaktimakwana18

#WorldEVDay #WorldEVDay2021

@Bhaktimakwana18 With the recent launch of Ola’s electric scooters, and buzz around existing #ElectricVehicle (EV) models by Tata Motors, MG Motor, Mahindra and Mahindra (M&M), Audi and others, electric vehicles are increasingly becoming the flavour of our times.

#WorldEVDay #WorldEVDay2021

@Bhaktimakwana18 On the occasion of #WorldEVDay, let us get to know about some of the companies that seem to be celebrating the #ElectricVehicle revolution.

#WorldEVDay2021

@Bhaktimakwana18 Shares of auto parts maker #MothersonSumi surged 92% in the last one year. The company has received good orders in this space from global clients.

#WorldEVDay #WorldEVDay2021

@Bhaktimakwana18 The Gurugram-based company, which makes everything from wiring harnesses to electronic security systems and sensors for cars, has surged 75% in the last one year.

#MindaCorporation #WorldEVDay #WorldEVDay2021

@Bhaktimakwana18 The power distribution company #TataPower has also entered the EV market by deciding to set up charging stations at state-run Hindustan Petroleum Corp’s (HPCL) fuel retail outlets in multiple cities and across highways in the country.

#WorldEVDay #WorldEVDay2021

@Bhaktimakwana18 The supplier of parts for large automobile companies like Ashok Leyland and Maruti to Volvo and Jaguar Land Rover has been one of the stocks gaining on rumours that it could benefit from the entry of Tesla in India.

#SonaBLWPrecisions #WorldEVDay #WorldEVDay2021

@Bhaktimakwana18 Recently, #BharatForge formed a new company named Kalyani Powertrain to look into its EV business initiatives. Shares of the company have gained 65% in the last one year.

#WorldEVDay #WorldEVDay2021

@Bhaktimakwana18 Hyderabad-based electric bus and insulator manufacturing company #OlectraGreentech has created immense wealth for investors in the last one year. The stock surged 454% in the last one year.

#WorldEVDay #WorldEVDay2021

@Bhaktimakwana18 One of India's largest manufacturers of batteries, #ExideIndustries, provides lithium-ion batteries and energy storage solutions to power the growth of India's electric vehicle market.

#WorldEVDay #WorldEVDay2021