Top 4 Electric Vehicles Battery Manufacturing stocks

Electric Vehicles Battery Manufacture


 1. TATA POWER 

Market Cap- ₹ 72342 Cr.             CMP- ₹ 225.60
 * The company has a total capacity of ~ 12,800 MW from its various thermal, hydro,            Renewable, WHR power projects across India.
* Company's main focus is on renewables, transmission and distribution,  as well as    customer-centric businesses of solar rooftops, solar pumps, microgrids, EV charging,  energy services, home automation, floating solar and others.
* 1000 charging station points already set up in 92+ cities. 
* tie-up with Tata motors for 300 charging stations.
* Plan to setup 1 lakh charging station by 2026.
 
2. EXIDE INDUSTRIES 
Market cap- ₹ 14131 Cr.             CMP- ₹ 164.95 
* Storage Batteries Segment (74% of revenues)
* Life Insurance Business ( 26% of revenues )
* Exide Industries, India's largest manufacturer of batteries, and Leclanche announce the launch of a new joint venture to build lithium-ion batteries and energy storage solutions to power the growth of India's electric vehicle market.
* Company is expected to give good quarter.
* Company has delivered good profit growth of 31.74% CAGR over last 5 years.
* Company has a good return on equity (ROE) track record: 3 Year ROE 33.63% 
* Company is almost debt free.
* Company has been maintaining a healthy dividend payout of 29.99%. 



3.TATA CHEMICALS  
Market cap- ₹ 22928Cr.             CMP- ₹ 910
* Tata chemical got ISRO lithium-Ion technology.
* Start manufacturing facility for Lithium-Ion cell in Gujrat & Manufacturing of actives, cells and batteries up to 10 GWH per annum.
* Tata chemical has established a circular economy in its lithium-ion battery business. 
* Recycling of Lithium-Ion batteries. 
* The company has been maintaining a healthy dividend payout of 43.65%.
* The company has been maintaining a healthy ROCE of 23.60% over the past 3 Years. 

4. Amara Raja Batteries Limited 
Market cap- ₹ 10713Cr.             CMP- ₹ 631.65
* The flagship company of the Amara Raja Group, is the technology leader and is one of the largest manufactures of lead-acid batteries for both industrial and automotive applications in the Indian storage battery industry. 
* Company is almost debt-free.
* The Company's Industrial and Automotive batteries are exported to 32 countries across the globe. 

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