8 EV stocks under Rs 150, EV stocks in India 2022

EV stocks under Rs 150: Hello Investors, if you invest in the stock market or want to start investing, you’ll be looking for an answer to the question, “What are the best EV stocks under Rs 150?” if you are interested in learning about India’s Top Electric Vehicle Stocks which have CMP less than Rs 150.

Because the electric car market has such a great potential for 150 growth, if you’re an investor, you should always invest in stocks with the future in mind. Following the remarkable rise of the electric car sector, investors’ interest in electric vehicle stocks has begun to grow. If you want to invest in Top Indian EV Shares, you should look over this list first.

EV stocks under Rs 150
EV stocks under Rs 150

We know you’re a good investor who conducts thorough research on any stock before purchasing it, resulting in high profits. Similarly, you browse the internet for information on electric vehicle stocks but are unable to locate accurate information. This post was prepared only for your information. You can read this article until the conclusion if you’re interested in Electrical Vehicle Stocks.

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The popularity of electric vehicles is growing in the country, as is the demand for affordable electric vehicles that are both environmentally friendly and cost effective. People’s preferences are shifting toward electric vehicles. This is why there is a lot of action in Electric Vehicle Stocks right now (EV Stocks). India’s largest automobile makers are entering the electric vehicle market, which has a bright future. [EV stocks under 150]

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Aside from this, many small businesses are entering the market. According to a research, According to a recent report by Arthur D Little titled “Unlocking India’s Electric Mobility Potential,” more than 30% of India’s automobiles would be electric by 2030. According to the report, the EV sector will reach 10 million vehicles by 2030, with a 30 percent adoption rate across all categories.

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EV stocks under Rs 150, EV stocks in India 2022

State governments are now using electric vehicles for public transportation in cities as well. The federal government also provides subsidies to companies that manufacture electric automobiles. As a result, many firms are emerging quickly in this field, and thousands of investors are currently investing in EV Shares. Some governments have made provisions for the sale of purely electric automobiles till 2030, i.e. for the next eight years. [EV stocks under 150]

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After 2030, these countries will no longer sell gasoline or diesel vehicles. Investors can also profit from the growing popularity of electric vehicles by buying stocks in firms like Reliance, Tata Motors, and Hindalco, which are all expected to grow in value in the future years. So, let’s have a look at the finest electric vehicle stocks.

We’ve compiled a list of the EV stocks under Rs 150, EV stocks in India 2022 for you, along with thorough information about each one. If you wish to invest in Top EV Stocks, you may expect a decent return on your investment. So, let’s have a look at the stocks in which you should put your money. [EV stocks under 150]

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1. ASHOK LEYLAND – For Electric Buses

BSE Code:500477
NSE Code:ASHOKLEY

Ashok Leyland Limited is a commercial vehicle manufacturer. The company’s overall valuation (market value) is Rs 39,013 crore. Today, one share of the company costs 136.75 on the BSE market and 136.75 in the NSE market. In the year 1948, the corporation was founded.

According to the company’s report, overall income for the previous year was Rs.17,590.82 crore, and total sales were Rs.17,467.47 crore. The net profit of the company was Rs 239.52 crore. In the current fiscal year, Ashok Leyland Limited paid tax of -94.11 crores. [EV stocks under 150]

Fundamentals

MKT Cap₹ 39,013 crROE-4.27 %
P/E Ratio (TTM)NAEPS (TTM)-1.22
P/B Ratio5.34Div Yield0.75 %
Industry P/E27.27Book Value24.88
Debt to Equity3.31Face Value1

PROS

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  • Company is expected to give good quarter

CONS

  • Stock is trading at 5.50 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 2.78% over past five years.
  • Company has a low return on equity of 0.82% for last 3 years.

Tags: Ashok Leyland Share Price, एनएसई ASHOKLEY, अशोक लेलैंड लिमिटेड Share Price, एनएसई अशोक लेलैंड लिमिटेड

2. HINDUSTAN COPPER – For EV Copper

BSE Code:PROS
Company has reduced debt.
Company has delivered good profit growth of 43.50% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 19.82%
NSE Code:HINDCOPPER

Hindustan Copper Limited operates in the copper industry. The company’s entire valuation (market value) is Rs 8,176 crore. Today, one share of the company costs 90.60 rupees on the BSE and 90.65 rupees on the NSE. In the year 1967, the company was founded.

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According to the company’s report, overall income for the previous year was Rs.889.023 crore, with total sales of Rs.831.853 crore. The net profit of the company was Rs -569.354 crore. In the current fiscal year, Hindustan Copper Limited paid tax of Rs -44.237 crore. [EV stocks under 150]

Fundamentals

MKT Cap₹ 8,157 crROE24.94 %
P/E Ratio (TTM)21.80EPS (TTM)3.87
P/B Ratio4.08Div Yield0.41 %
Industry P/E9.84Book Value20.66
Debt to Equity0.21Face Value5
As on 21 June 2022

PROS

  • Company has reduced debt.
  • Company has delivered good profit growth of 43.50% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 19.82%

CONS

  • Stock is trading at 4.59 times its book value
  • The company has delivered a poor sales growth of 8.64% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of -2.24% for last 3 years.
  • Company might be capitalizing the interest cost
  • Promoter holding has decreased over last 3 years: -9.91%

Tags: Hindustan Copper Share Price, एनएसई HINDCOPPER, हिंदुस्तान कॉपर लिमिटेड Share Price, एनएसई हिंदुस्तान कॉपर लिमिटेड

3. EXIDE INDUSTRIES – For EV battery

BSE Code:500086
NSE Code:EXIDEIND

Exide Industries Limited (Exide Inds) is a business that deals with vehicle components and equipment. The company’s overall valuation (market value) is Rs 11,207 crore. Today, one share of the company costs 136.05 in the BSE market and 136.40 in the NSE market. In the year 1947, the company was founded.

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According to the company’s report, overall income for the previous year was Rs 9,920.6 crore, with total sales of Rs 9,856.66 crore. The net profit of the company was Rs 825.51 crore. In the current fiscal year, Exide Industries Limited paid tax of Rs. 249.42 crore. [EV stocks under 150]

Fundamentals

MKT Cap₹ 11,207 crROE7.89 %
P/E Ratio (TTM)2.54EPS (TTM)7.24
P/B Ratio1.06Div Yield1.52 %
Industry P/E32.64Book Value12.51
Debt to Equity0.05Face Value1
As on 21 june 2022

PROS

  • Company is almost debt free.
  • Stock is trading at 1.10 times its book value
  • Company has delivered good profit growth of 40.30% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26.86%
  • Company has been maintaining a healthy dividend payout of 24.55%

CONS

  • The company has delivered a poor sales growth of 2.73% over past five years.
  • Tax rate seems low
  • Earnings include an other income of Rs.3724.60 Cr.

Tags: Exide Inds Share Price, एनएसई EXIDEIND, एक्साइड इंडस्ट्रीज लिमिटेड Share Price, एनएसई एक्साइड इंडस्ट्रीज लिमिटेड

4. Greaves Cotton Limited- For EV scooter

BSE Code:501455
NSE Code:GREAVESCOT

Greaves Cotton Limited is a business that operates in the Industrial Equipment industry. The company’s entire valuation (market value) is 3,090 crore. Today, one share of the company costs 138.95 in the BSE market and 138.70 in the NSE market. In the year 1922, the company was founded.

According to the company’s report, overall income for the previous year was Rs 1,891.75 crore, and total sales were Rs 1,821.11 crore. The net profit of the company was Rs 147.51 crore. Greaves Cotton Limited paid a tax bill of -70.34 crores this year. [EV stocks under 150]

Fundamentals

MKT Cap₹ 3,094 crROE-4.61 %
P/E Ratio (TTM)NAEPS (TTM)-1.53
P/B Ratio4.13Div Yield0.15 %
Industry P/E27.27Book Value32.37
Debt to Equity0.34Face Value2
As on 21 June 2022

PROS

CONS

  • Stock is trading at 4.29 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.90% over past five years.
  • Company has a low return on equity of 4.97% for last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.20.04 Cr.

Tags: Greaves Cotton Share Price, एनएसई GREAVESCOT, ग्रीव्स कॉटन लिमिटेड Share Price, एनएसई ग्रीव्स कॉटन लिमिटेड

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5. Himadri Speciality Chemical Limited- For Li ion battery

BSE Code:500184
NSE Code:HSCL

Himadri Specialty Chemicals Limited (Himadri Specialty) is a chemical firm that specializes in speciality chemicals. The company’s overall valuation (market value) is Rs 2,415 crore. Today, one share of the corporation costs 59.90 in the BSE market and 59.95 in the NSE market. In the year 1987, the company was founded.

According to the company’s report, overall income for the previous year was Rs 1,808.467 crore, and total sales were Rs 1,803.499 crore. The net profit of the company was Rs 80.977 crore. In the current fiscal year, Himadri Specialty Chemical Limited paid a tax of -34.139 crores. [EV stocks under 150]

Fundamentals

MKT Cap₹ 2,413 crROE2.69 %
P/E Ratio (TTM)33.46EPS (TTM)1.72
P/B Ratio1.34Div Yield0.26 %
Industry P/E15.08Book Value43.55
Debt to Equity0.37Face Value1
As on 21 June 2022

PROS

  • Company is expected to give good quarter

CONS

  • The company has delivered a poor sales growth of 7.28% over past five years.
  • Company has a low return on equity of 11.60% for last 3 years.
  • Company might be capitalizing the interest cost
  • Dividend payout has been low at 6.08% of profits over last 3 years
  • Debtor days have increased from 72.00 to 100.29 days.
  • Promoter holding has decreased over last 3 years: -3.50%

Tags: Himadri Speciality Share Price, एनएसई HSCL, हिमाद्रि स्पेशलिटी केमिकल लिमिटेड Share Price, एनएसई हिमाद्रि स्पेशलिटी केमिकल लिमिटेड

6. HBL Power Systems Ltd- For EV battery

BSE Code:517271
NSE Code:HBLPOWER

HBL Power Systems Limited (HBL Power Sys) is a business that specializes in Other Electric Equipment / Products. The company’s overall valuation (market value) is Rs 2,218 crore. Today, one share of the company costs 87.10 in the BSE market and 87.05 in the NSE market. In the year 1986, the company was founded.

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According to the company’s report, overall income for the previous year was Rs.1,093.608 crore, with total sales of Rs.1,077.092 crore. The net profit of the company was Rs 24.073 crore. In the current fiscal year, HBL Power Systems Limited paid tax of Rs. 12,674 crore. [EV stocks under 150]

Fundamentals

MKT Cap₹ 2,218 crROE11.40 %
P/E Ratio (TTM)23.88EPS (TTM)3.35
P/B Ratio2.56Div Yield0.44 %
Industry P/E48.15Book Value31.23
Debt to Equity0.07Face Value1
As on 21 JUNE 2022

PROS

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 18.40% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 38.06%

CONS

  • Stock is trading at 2.79 times its book value
  • The company has delivered a poor sales growth of -2.66% over past five years.
  • Company has a low return on equity of 5.30% for last 3 years.

Tags: HBL Power Sys Share Price, एनएसई HBLPOWER, एचबीएल पॉवर सिस्टम्स लिमिटेड Share Price, एनएसई एचबीएल पॉवर सिस्टम्स लिमिटेड

7. INDIAN OIL- For EV charging station

BSE Code:530965
NSE Code:IOC

Indian Oil Corporation Limited (Indian Oil Corp.) is a marketing and distribution corporation that specializes in oil. The company’s entire valuation (market value) is Rs 96,965 crore. Today, one share of the company costs 105.75 in the BSE market and 105.75 in the NSE market. In the year 1959, the company was founded.

According to the company’s report, overall income for the previous year was Rs 4,93,472.69 crore, with total sales of Rs 4,89,901.3 crore. The net profit of the company was Rs 1,313.23 crore. In the current fiscal year, Indian Oil Corporation Limited paid tax of Rs -1,806.72 crore. [EV stocks under 150]

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Fundamentals

MKT Cap₹ 97,013 crROE20.46 %
P/E Ratio (TTM)3.79EPS (TTM)27.17
P/B Ratio0.71Div Yield10.19 %
Industry P/E7.22Book Value145.45
Debt to Equity0.99Face Value10
AS on 21 JUNE 2022

PROS

  • Stock is trading at 0.75 times its book value
  • Stock is providing a good dividend yield of 7.57%.
  • Company is expected to give good quarter

CONS

  • The company has delivered a poor sales growth of 10.65% over past five years.
  • Company might be capitalizing the interest cost

Tags: Indian Oil Corp. Share Price, एनएसई IOC, इंडियन आयल कॉर्पोरेशन लिमिटेड Share Price, एनएसई इंडियन आयल कॉर्पोरेशन लिमिटेड

8. GE T&D India- For EV charging station

BSE Code:522275
NSE Code:GET&D

The Electric Utilities Sector includes GE Tender India Limited (GE T&D India). The company’s overall worth (market value) is Rs 2,345 crore. Today, one share of the company costs 98.25 in the BSE market and 97.70 in the NSE market. In the year 1957, the company was founded.

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According to the company’s report, overall income for the previous year was Rs 3,218.21 crore, and total sales were Rs 3,158.7 crore. The net profit of the company was Rs-302.56 crore. In the current fiscal year, GE Tend India Limited paid a tax bill of -66.83 crores. [EV stocks under 150]

Fundamentals

MKT Cap₹ 2,352 crROE-4.50 %
P/E Ratio (TTM)69.77EPS (TTM)-1.94
P/B Ratio2.18Div Yield1.55 %
Industry P/E48.15Book Value42.19
Debt to Equity0.21Face Value2
AS on 21 JUNE 2022

PROS

  • Company has reduced debt.

CONS

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -5.43% over past five years.
  • Company has a low return on equity of -10.00% for last 3 years.
  • Company has high debtors of 186.04 days.

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Tags- EV stocks under 150, EV stocks under Rs 150, EV stocks under 150 Rupees, EV stocks under 150, EV stocks under INR 150.

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