{"id":1543,"date":"2020-09-07T11:15:14","date_gmt":"2020-09-07T05:45:14","guid":{"rendered":"http:\/\/capitalante.com\/?p=1543"},"modified":"2020-09-07T11:16:57","modified_gmt":"2020-09-07T05:46:57","slug":"which-stocks-will-benefit-from-electric-vehicles-in-india","status":"publish","type":"post","link":"https:\/\/capitalante.com\/which-stocks-will-benefit-from-electric-vehicles-in-india\/","title":{"rendered":"Which Stocks Will Benefit From Electric Vehicles In India"},"content":{"rendered":"
According to the futuristic in the future, the mode of journey or travels will be the electric vehicle. It is\u00a0the latest technology with no pollution and less expenditure. The electric vehicles cost less as compared to the vehicles which run on petrol or diesel. Electric vehicles are lighter and easy to maintain than that of Petrol or diesel vehicles. Now we will discuss which stocks will benefit from electric vehicles in India.<\/span><\/p>\n Electric vehicles run on chargeable batteries. Its component parts are made of high quality of plastics or fiber to reduce the weight of the vehicle so that less energy is consumed. As a battery is needed in this kind of vehicle battery companies will witness enormous growth. So naturally, companies producing these materials will do well in business. High-quality plastics or fiber industry will get a boost.<\/span><\/p>\n The price of electric vehicles is cheaper as compared to petrol or diesel vehicles. Electric vehicles are energy efficient and consume very little electricity that can be supplied through chargeable batteries. To run an electric vehicle is much cheaper as it needs a very low quantity of electricity instead of petrol or diesel which is very costly. Obviously, people will spend a lesser amount to run this kind of vehicle. As a result of this, the sale of electric vehicles will increase. <\/span><\/p>\n Now the government has to give a huge amount of subsidy on petrol and diesel. Electric vehicles will reduce the consumption of petrol and diesel. So the subsidy amount will fall significantly and this huge money can be spent on infrastructure development and other social programs.<\/span><\/p>\n An electric vehicle can run up to 80 km. when its battery fully charged. Now someone who is travelling more than 80 km. may have to face difficulties. So he needs a charging station to charge the battery of his electric vehicle. In this context, the government should make an action plan of setting up a charging station after every 20kms.<\/span><\/p>\n Various auto companies like Mahindra & Mahindra, Maruti Suzuki have launched several electric vehicles. \u00a0So investors have opportunities to gain enormous returns by investing in these kinds of companies operating in electric vehicles and making its component parts like Lithium-ion batteries.<\/span><\/p>\n Auto Companies:<\/span> Maruti Suzuki, Mahindra & Mahindra, TVS Motors, Hero Motocorp, Bajaj Auto, Ashok Leyland.<\/span><\/p>\n Auto Ancillary Companies:<\/span> Minda Industries, Motherson Sumi.<\/span><\/p>\n Engineering Companies:<\/span> Graphite India, HEG.<\/span><\/p>\n Plastic Companies:<\/span> Neelkamal Ltd.<\/span><\/p>\n Battery:<\/span> Exide Industries, Amara Raja Batteries (Amaron), BHEL.<\/span><\/p>\n Infrastructure companies:<\/span> ABB India, Siemens, NBCC, L & T.<\/span><\/p>\n In order to pick the best stocks for consistent returns, you should check out the following parameters of a company before investing in a stock.<\/span><\/p>\n I hope you must have got a fair idea that how to identify the best stock for investment. Now we will discuss the best electrical vehicle stocks to buy for long term growth.<\/span><\/p>\n Maruti Suzuki was incorporated in the year 1981. It is a Large Cap company operating in Auto sector. Maruti Suzuki has a vast business model across India. Its key Products\/Revenue Segments include Passenger Cars & Light Duty Utility Vehicles, Scrap, and Export Incentives.<\/span><\/p>\n Let\u2019s\u00a0check\u00a0out its fundamentals,<\/span><\/p>\n TVS Motor Company Ltd. was incorporated in the year 1992. It is a Large Cap company operating in Auto sector. Its key Products\/Revenue Segments include automobiles i.e. 2 & 3 Wheelers, the sale of services, etc.<\/span><\/p>\n Let\u2019s\u00a0check\u00a0out its fundamentals,<\/span><\/p>\n Ashok Leyland Ltd. is a Large Cap company. The company was incorporated in the year 1948. It operates in the Auto sector. Ashok Leyland produces heavy motor vehicles like trucks, buses, engines, etc. It is the second-largest commercial vehicle manufacturer in India.<\/span><\/p>\n Let\u2019s\u00a0check\u00a0out its fundamentals,<\/span><\/p>\n Minda Industries\u00a0was incorporated in the year 1992. It is a Mid Cap company that works in the Auto Ancillaries sector. Its key Products\/Revenue\u00a0Segments include Switches, Horns, Lighting Products, Scrap, and LED Lights.<\/span><\/p>\n Let\u2019s\u00a0check\u00a0out its fundamentals,<\/span><\/p>\n Motherson Sumi was incorporated in the year 1986. It is a Large Cap company that works in the Auto Ancillaries sector. Its key Products\/Revenue\u00a0Segments include Auto Electricals, Scrap, and LED Lights.<\/span><\/p>\n Let\u2019s\u00a0check\u00a0out its fundamentals,<\/span><\/p>\nWhat is an Electric Vehicle<\/span><\/strong><\/span><\/h2>\n
Benefits of Electric Vehicle<\/strong><\/span><\/h2>\n
Which stocks will benefit from electric vehicles in India<\/strong><\/span><\/h2>\n
How to pick the best stocks<\/strong><\/span><\/h2>\n
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Which Stocks will benefit from Electric Vehicles in India<\/span><\/strong><\/h2>\n
Fundamental analysis of Maruti Suzuki<\/strong><\/span><\/h3>\n
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Fundamental analysis of TVS Motor Company Ltd.<\/strong><\/span><\/h3>\n
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\u00a0<\/strong>Fundamental analysis of Ashok Leyland<\/strong><\/span><\/span><\/h3>\n
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Fundamental analysis of Minda Industries<\/strong><\/span><\/h3>\n
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Fundamental analysis of Motherson Sumi<\/strong><\/span><\/h3>\n
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