Best Battery Stocks in India : Energize Your Portfolio (2024)

The table above presents the top Battery stocks by market capitalization, providing an extensive analysis of their fundamental metrics. Investing in Battery stocks can offer several benefits, including diversification, long-term growth potential, and potential profitability due to the increasing demand for clean energy and favorable government policies.

Best Battery Stocks In India

The Below table shows the Best Battery Stocks In India based on the 1Y Return.

Good Battery Stocks In India

The Below table shows the Good Battery Stocks In India based on the 1M Return.

Battery Stock

The Below table shows the Battery Stock based on the PE Ratio.

The Below table shows the Battery Shares In India based on the Highest Volume.

Looking for the Best Stocks in different sectors? Check out the following articles:

Frequently Asked Questions

1. Which is the best battery stock in India?

Some of the top battery manufacturers in India are Exide Industries, Amara Raja Batteries, and Eveready Industries India Ltd. These companies have shown steady growth in the past few years and have a strong presence in the Indian market.

2. Is it good to invest in Battery Stocks In India?

With the increasing demand for renewable energy and electric vehicles, the need for batteries is also growing. This demand will likely continue to increase, making battery stocks a lucrative investment opportunity. Battery manufacturers in India have shown steady growth in recent years, and investing in them can provide high returns.

3. What are the most profitable battery stock in India?

Some of the most profitable battery stocks in India that have shown consistent growth in the past include:

Most profitable battery stock #1: Exide Industries Ltd
Most profitable battery stock #2: Amara Raja Energy & Mobility Limited
Most profitable battery stock #3: HBL Power Systems Ltd
Most profitable battery stock #4: Eveready Industries India Ltd
Most profitable battery stock #5: Indo National Ltd
Most profitable battery stock #6: Goldstar Power Ltd
Most profitable battery stock #7: Panasonic Energy India Co Ltd

Introduction to Battery Stocks In India

Goldstar Power Limited:

Goldstar Power Limited is an Indian company engaged in the manufacturing and sale of lead-acid storage batteries. The company operates multiple manufacturing facilities nationwide and has a diverse product portfolio, including automotive batteries, solar batteries, and inverter batteries. Committed to sustainable practices, the company holds various certifications for quality and environmental management systems.

HBL Power Systems Limited:

HBL Power Systems Limited is an Indian company specializing in the manufacturing and sale of industrial batteries, aerospace batteries, and defense batteries. With operational facilities across the country, the company offers a varied product portfolio, including nickel-cadmium batteries, lithium-ion batteries, and sealed lead-acid batteries. HBL Power Systems is dedicated to enduring practices and holds certifications for quality and environmental management systems.

Exide Industries Limited:

Exide Industries Limited is an Indian company primarily involved in the manufacturing and sale of lead-acid storage batteries. Operating manufacturing facilities nationwide, the company’s diverse product portfolio includes automotive batteries, industrial batteries, and tubular batteries. Committed to sustainable operations, Exide Industries has received certifications for quality and environmental management systems.

Eveready Industries India Limited:

Eveready Industries India Limited is a leading company in the battery and lighting solutions sector. With a diverse product portfolio, including dry cell batteries, rechargeable batteries, flashlights, and small household appliances, the company caters to various consumer needs. Renowned for brands like Eveready, Powercell, and Uniross, the company ensures quality and reliable power solutions.

Panasonic Energy India Company Limited:

Panasonic Energy India Company Limited specializes in the manufacturing and distribution of dry cell batteries and lighting products. Offering a range of products such as zinc-carbon batteries, alkaline batteries, and LED bulbs, Panasonic caters to diverse consumer needs. Operating manufacturing plants in Vadodara, Gujarat, and Pithampur, Madhya Pradesh, the company ensures skilled production and timely delivery of products.

Indo National Limited:

Indo National Limited is a prominent Indian company involved in the manufacturing and marketing of a wide range of products, including batteries, torches, LED products, electrical accessories, and personal care items. Providing various battery types from AA to AAA and utilizing energy-saving LED technology in torches, the company meets diverse consumer requirements. With manufacturing facilities in Andhra Pradesh, Indo National Limited delivers quality products and services.

Amar Raja Batteries Limited:

Amar Raja Batteries Limited is an Indian company primarily engaged in the manufacturing and sale of lead-acid storage batteries. With operational facilities across the country, the company’s product portfolio includes automotive batteries, industrial batteries, and home UPS batteries. Committed to sustainable practices, Amar Raja Batteries holds certifications for quality and environmental management systems.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time.