The table below shows Best Battery Stocks – Battery Stock List 2024 based on the Highest Market Capitalization & 1Y Return.
| Name | Market Cap (Cr) | Close Price (rs) | 1Y Return (%) |
| Exide Industries Ltd | 39,699.25 | 467.05 | 83.66 |
| Amara Raja Energy & Mobility Ltd | 24,337.80 | 1,329.75 | 110.65 |
| HBL Power Systems Ltd | 15,036.44 | 542.45 | 86.63 |
| Eveready Industries India Ltd | 2,838.44 | 390.5 | 9.4 |
| Indo National Ltd | 412.31 | 549.75 | -6.81 |
| Panasonic Energy India Co Ltd | 359.7 | 479.6 | 51.96 |
| Panasonic Carbon India Co Ltd | 280.61 | 584.6 | 35.4 |
| Goldstar Power Ltd | 272 | 11.3 | -36.87 |
| Starlit Power Systems Ltd | 2.16 | 2.15 | -51.25 |
Introduction to Battery Stock List
Exide Industries Ltd
Exide Industries Limited, a leader in the storage battery market in India, manufactures and sells lead-acid batteries for automotive and industrial applications. Its extensive product range includes batteries for vehicles, inverters and industrial uses, serving sectors like telecom, power and defence.
– Market Cap: ₹39,699.25 Cr
– Close Price: ₹467.05
– 1Y Return: 83.66%
– 1M Return: -6.72%
– 6M Return: 2.52%
– 5Y Avg Net Profit Margin: 10.2%
– Dividend Yield: 0.43%
– 5Y CAGR: 20.57%
– Sector: Batteries
Amara Raja Energy & Mobility Ltd
Formerly Amara Raja Batteries Limited, Amara Raja Energy & Mobility Ltd manufactures lead-acid batteries for automotive and industrial use, distributing under brands like Amaron and PowerZone. It serves automotive companies and various industries including telecom and railways.
– Market Cap: ₹24,337.80 Cr
– Close Price: ₹1,329.75
– 1Y Return: 110.65%
– 1M Return: –4.28%
– 6M Return: 20.78%
– 5Y Avg Net Profit Margin: 7.85%
– Dividend Yield: 0.74%
– 5Y CAGR: 14.95%
– Sector: Batteries
HBL Power Systems Ltd
HBL Power Systems Ltd specializes in designing and manufacturing advanced batteries and power systems in India. With products ranging from aircraft batteries to nuclear submarine batteries, it serves a broad spectrum of industries.
– Market Cap: ₹15,036.44 Cr
– Close Price: ₹542.45
– 1Y Return: 86.63%
– 1M Return: –12.51%
– 6M Return: 6.25%
– 5Y Avg Net Profit Margin: 6.14%
– Dividend Yield: 0.09%
– 5Y CAGR: 99.3%
– Sector: Batteries
Eveready Industries India Ltd
Eveready Industries India Ltd is renowned for its production and marketing of batteries, lighting products and small home appliances. It serves both domestic and industrial sectors, offering products like dry cell batteries, LED lights and portable lanterns.
– Market Cap: ₹2,838.44 Cr
– Close Price: ₹390.5
– 1Y Return: 9.4%
– 1M Return: -16.13%
– 6M Return: 9.78%
– 5Y Avg Net Profit Margin: -0.27%
– Dividend Yield: 0.26%
– 5Y CAGR: 49.35%
– Sector: Batteries
Indo National Ltd
Indo National Ltd manufactures and markets batteries and flashlights across various segments, catering to both consumer needs and industrial demands. The company emphasizes quality and innovation in its extensive range of products.
– Market Cap: ₹412.31 Cr
– Close Price: ₹549.75
– 1Y Return: -6.81%
– 1M Return: –9.34%
– 6M Return: –22.42%
– 5Y Avg Net Profit Margin: 1.53%
– Dividend Yield: 0.91%
– 5Y CAGR: 19.25%
– Sector: Batteries
Panasonic Energy India Co Ltd
Panasonic Energy India Co Ltd focuses on the manufacturing and marketing of a wide variety of batteries for domestic and international markets, contributing significantly to the electronics and power storage sectors.
– Market Cap: ₹359.7 Cr
– Close Price: ₹479.6
– 1Y Return: 51.96%
– 1M Return: –3.59%
– 6M Return: –9.33%
– 5Y Avg Net Profit Margin: 1.90%
– Dividend Yield: 1.85%
– 5Y CAGR: 24.68%
– Sector: Batteries
Panasonic Carbon India Co Ltd
Panasonic Carbon India Co Ltd produces carbon products for various applications, including batteries. It stands out in the industry for its high-quality products and innovation, serving both local and international markets.
– Market Cap: ₹280.61 Cr
– Close Price: ₹584.6
– 1Y Return: 35.4%
– 1M Return: -20.38%
– 6M Return: 12.14%
– 5Y Avg Net Profit Margin: 28.89%
– Dividend Yield: 2.05%
– 5Y CAGR: 15.06%
– Sector: Batteries
Goldstar Power Ltd
Goldstar Power Ltd is a prominent battery manufacturer in India, offering a diverse range of products tailored for automotive, industrial and solar applications. Its products are known for reliability and efficiency.
– Market Cap: ₹272 Cr
– Close Price: ₹11.3
– 1Y Return: –36.87%
– 1M Return: –13.73%
– 6M Return: –16.91%
– 5Y Avg Net Profit Margin: 3.54%
– 5Y CAGR: 58.40%
– Sector: Batteries
Starlit Power Systems Ltd
Starlit Power Systems Ltd manufactures advanced battery systems for a variety of applications, including automotive and solar solutions. The company focuses on eco-friendly products and cutting-edge technology to meet modern energy needs.
– Market Cap: ₹2.16 Cr
– Close Price: ₹2.15
– 1Y Return: –51.25%
– 1M Return: –41.14%
– 6M Return: –54.45%
– 5Y Avg Net Profit Margin: -624.31%
– 5Y CAGR: –28.86%
– Sector: Batteries
What are Battery Stocks?
Battery stocks are shares of companies involved in the development, production, or distribution of batteries and related technologies. These companies may focus on various types of batteries, including lithium-ion, lead-acid and emerging technologies like solid-state batteries. The sector has gained prominence due to the growing demand for energy storage solutions.
Battery stocks encompass a wide range of businesses, from raw material suppliers to battery manufacturers and companies integrating batteries into their products. This includes electric vehicle manufacturers, renewable energy storage providers and consumer electronics companies.
Investing in battery stocks allows investors to participate in the growth of the energy storage and electric vehicle markets. As the world shifts towards cleaner energy and transportation, battery technology plays a crucial role in enabling this transition.
Features Of Best Battery Stocks
The main features of the best battery stocks include strong growth potential, technological innovation, diversified applications, strategic partnerships and exposure to the clean energy transition. These characteristics make them attractive to investors looking for opportunities in the evolving energy and transportation sectors.
- Strong Growth Potential: The best battery stocks often show significant revenue and earnings growth potential due to increasing demand for energy storage solutions in various industries, particularly in electric vehicles and renewable energy sectors.
- Technological Innovation: Leading battery companies invest heavily in research and development to improve battery performance, efficiency and cost-effectiveness. This innovation can lead to competitive advantages and market leadership.
- Diversified Applications: Top battery stocks often have exposure to multiple markets, including automotive, consumer electronics and grid storage. This diversification can provide stability and multiple growth avenues.
- Strategic Partnerships: Many successful battery companies form partnerships with major automotive or technology firms, securing long-term contracts and enhancing their market position.
- Clean Energy Transition Exposure: Battery stocks are often seen as key players in the global shift towards clean energy and sustainable transportation, potentially benefiting from supportive government policies and increasing environmental awareness.
Best Battery Sector Stocks Based on 6-Month Return
The table below shows Best Battery Sector Stocks Based on 6 Month Return.
| Name | Close Price (rs) | 6M Return (%) |
| Amara Raja Energy & Mobility Ltd | 1,329.75 | 20.78 |
| Panasonic Carbon India Co Ltd | 584.6 | 12.14 |
| Eveready Industries India Ltd | 390.5 | 9.78 |
| HBL Power Systems Ltd | 542.45 | 6.25 |
| Exide Industries Ltd | 467.05 | 2.52 |
| Panasonic Energy India Co Ltd | 479.6 | -9.33 |
| Goldstar Power Ltd | 11.3 | -16.91 |
| Indo National Ltd | 549.75 | -22.42 |
| Starlit Power Systems Ltd | 2.15 | -54.45 |
Battery Stock List Based on 5-Year Net Profit Margin
The table below shows the Battery Stock List Based on 5-year net Profit Margin.
| Name | 5Y Avg Net Profit Margin % | Close Price (rs) |
| Panasonic Carbon India Co Ltd | 28.89 | 584.6 |
| Exide Industries Ltd | 10.2 | 467.05 |
| Amara Raja Energy & Mobility Ltd | 7.85 | 1,329.75 |
| HBL Power Systems Ltd | 6.14 | 542.45 |
| Goldstar Power Ltd | 3.54 | 11.3 |
| Panasonic Energy India Co Ltd | 1.9 | 479.6 |
| Indo National Ltd | 1.53 | 549.75 |
| Eveready Industries India Ltd | -0.27 | 390.5 |
| Starlit Power Systems Ltd | -624.31 | 2.15 |
Best Battery Sector Stocks To Buy Based on 1M Return
The table below shows the Best Battery Sector Stocks To Buy Based on a 1M Return.
| Name | Close Price (rs) | 1M Return (%) |
| Panasonic Energy India Co Ltd | 479.6 | -3.59 |
| Amara Raja Energy & Mobility Ltd | 1,329.75 | -4.28 |
| Exide Industries Ltd | 467.05 | -6.72 |
| Indo National Ltd | 549.75 | -9.34 |
| HBL Power Systems Ltd | 542.45 | -12.51 |
| Goldstar Power Ltd | 11.3 | -13.73 |
| Eveready Industries India Ltd | 390.5 | -16.13 |
| Panasonic Carbon India Co Ltd | 584.6 | -20.38 |
| Starlit Power Systems Ltd | 2.15 | -41.14 |
High Dividend Yield Battery Stocks
The table below shows High Dividend Yield Battery Stocks.
| Name | Close Price (rs) | Dividend Yield % |
| Panasonic Carbon India Co Ltd | 584.6 | 2.05 |
| Panasonic Energy India Co Ltd | 479.6 | 1.85 |
| Indo National Ltd | 549.75 | 0.91 |
| Amara Raja Energy & Mobility Ltd | 1,329.75 | 0.74 |
| Exide Industries Ltd | 467.05 | 0.43 |
| Eveready Industries India Ltd | 390.5 | 0.26 |
| HBL Power Systems Ltd | 542.45 | 0.09 |
Historical Performance of Battery Stocks
The table shows the Historical Performance of Battery Stocks based on 5Y return.
| Name | Market Cap (Cr) | Close Price (rs) | 5Y CAGR % |
| HBL Power Systems Ltd | 15,036.44 | 542.45 | 99.3 |
| Goldstar Power Ltd | 272 | 11.3 | 58.40 |
| Eveready Industries India Ltd | 2,838.44 | 390.5 | 49.35 |
| Panasonic Energy India Co Ltd | 359.7 | 479.6 | 24.68 |
| Exide Industries Ltd | 39,699.25 | 467.05 | 20.57 |
| Indo National Ltd | 412.31 | 549.75 | 19.25 |
| Panasonic Carbon India Co Ltd | 280.61 | 584.6 | 15.06 |
| Amara Raja Energy & Mobility Ltd | 24,337.80 | 1,329.75 | 14.95 |
| Starlit Power Systems Ltd | 2.16 | 2.15 | -28.86 |
Factors To Consider When Investing In Best Battery Stocks
When investing in battery stocks, consider the company’s technological leadership, production capacity and cost efficiency. Evaluate their research and development efforts, as innovation is crucial in this rapidly evolving sector. Assess the company’s partnerships and contracts, especially with major automotive or energy storage companies.
Examine the company’s financial health, including revenue growth, profitability and debt levels. Consider their market position and competitive advantages. It’s also important to understand the regulatory environment and government policies that may impact the battery industry.
Look at the company’s exposure to different markets (e.g., EVs, consumer electronics, grid storage) and its supply chain management, particularly regarding critical raw materials. Consider the long-term growth potential of the battery market and how well-positioned the company is to capitalize on this growth.
How To Invest In Best Battery Stocks?
Listed below are the steps for investing in the Best Battery Stocks:
- Research and find out the top-performing stocks in the market.
- Evaluate and assess your risk appetite and fix your financial goals.
- Shortlist the stocks based on your fundamental and technical analysis.
- Find reliable stockbrokers like Alice Blue to open a demat account.
- Invest in the shortlisted stocks and monitor them regularly.
Impact of Government Policies on Battery Stocks
Government policies significantly impact battery stocks, often driving growth and innovation in the sector. Policies promoting electric vehicles and renewable energy storage, such as subsidies, tax incentives and emissions regulations, can boost demand for batteries and benefit-related stocks.
Conversely, changes in government support or regulations can pose risks to battery companies. For example, shifts in EV incentives or raw material sourcing requirements can affect profitability and market dynamics. Investors should closely monitor policy developments at national and international levels to assess potential impacts on battery stocks.
How Battery Stocks Perform in Economic Downturns?
Battery stocks can show mixed performance during economic downturns. While general market volatility may affect them, the sector’s long-term growth prospects and essential role in the energy transition can provide some resilience. Companies with strong balance sheets and diversified revenue streams may fare better.
However, during severe economic contractions, battery stocks might face challenges due to reduced consumer spending on electric vehicles or delayed infrastructure projects. The sector’s performance can also be influenced by government stimulus measures, particularly those focused on green energy and sustainable transportation initiatives.
Advantages Of Investing In Best Battery Stocks
The main advantages of investing in battery stocks include exposure to a high-growth sector, participation in the clean energy transition, potential for technological breakthroughs and diversification benefits. These factors make battery stocks attractive for investors seeking growth opportunities in emerging technologies.
- Exposure to High-Growth Sector: Battery stocks offer investors access to the rapidly expanding electric vehicle and energy storage markets, which are projected to grow significantly in the coming decades.
- Clean Energy Transition: Investing in battery stocks allows participation in the global shift towards sustainable energy and transportation, aligning investments with environmental goals and potential policy support.
- Technological Innovation: The battery sector is characterized by ongoing research and development, offering the potential for breakthrough technologies that could lead to substantial market gains.
- Diversification Benefits: Battery stocks can provide portfolio diversification, as their performance may differ from traditional energy or technology stocks, potentially reducing overall investment risk.
- Long-Term Growth Potential: As batteries become increasingly central to various industries, including automotive, consumer electronics and grid storage, the sector offers significant long-term growth prospects.
Risks Of Investing In Best Battery Stocks
The main risks of investing in battery stocks include technological obsolescence, intense competition, regulatory changes, raw material supply challenges and market volatility. These factors can significantly impact the performance and valuation of battery companies.
- Technological Obsolescence: Rapid advancements in battery technology can quickly make existing products outdated, potentially impacting a company’s market position and profitability.
- Intense Competition: The battery sector is highly competitive, with numerous companies vying for market share. This can lead to price pressures and reduced profit margins.
- Regulatory Changes: Shifts in government policies related to electric vehicles, energy storage, or environmental regulations can significantly impact the demand for batteries and company profitability.
- Raw Material Supply Challenges: Battery production relies on specific raw materials and supply chain disruptions or price fluctuations can affect production costs and profitability.
- Market Volatility: Battery stocks can be subject to significant price swings based on market sentiment, technological announcements, or changes in growth projections for related industries like electric vehicles.
Battery Stocks GDP Contribution
Battery stocks contribute to GDP through their role in manufacturing, research and development and supporting the growth of related industries like electric vehicles and renewable energy. As the battery sector expands, it creates jobs, drives innovation and attracts investment, all of which contribute to economic growth.
The indirect impact of battery technology on GDP is also significant. By enabling the transition to electric vehicles and renewable energy storage, batteries play a crucial role in reducing dependence on fossil fuels and supporting the development of new, sustainable industries. This transition can lead to long-term economic benefits and new growth opportunities.
Who Should Invest in the Best Battery Stocks?
Investing in battery stocks is suitable for investors with a long-term perspective and a high tolerance for risk. These stocks are ideal for those who believe in the growth potential of clean energy and electric vehicle markets. They may appeal to investors looking to diversify their portfolio with exposure to emerging technologies.
However, due to the sector’s volatility and technological risks, battery stocks are best suited for investors who can withstand potential short-term losses. They should be comfortable with ongoing research and monitoring of technological developments and market trends in this rapidly evolving sector.
Future Of Battery Related Stocks In India
The future of battery-related stocks in India looks promising, driven by the country’s push towards electric mobility and renewable energy integration. Government initiatives like the Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) battery storage are expected to boost domestic battery manufacturing and related industries.
India’s growing automotive market and increasing focus on reducing oil imports and carbon emissions create significant opportunities for battery companies. As the country invests in electric vehicle infrastructure and grid-scale energy storage, battery stocks are likely to benefit from increased demand and supportive policies.
Battery Share Price List – FAQs
Battery stocks are shares of companies involved in the production, development, or distribution of batteries and related technologies. This includes manufacturers of various types of batteries, suppliers of raw materials and companies integrating battery technology into their products, such as electric vehicle manufacturers.
Best Battery Stocks #1: Exide Industries Ltd
Best Battery Stocks #2: Amara Raja Energy & Mobility Ltd
Best Battery Stocks #3: HBL Power Systems Ltd
Best Battery Stocks #4: Eveready Industries India Ltd
Best Battery Stocks #5: Indo National Ltd
The Best Battery Stocks are based on market capitalization.
The top 3 lithium stocks in India are Reliance Industries, due to its significant investments in lithium battery production; Tata Chemicals, with its focus on lithium-ion battery manufacturing; and L&T Technology Services, which provides engineering solutions for electric and hybrid vehicles including lithium battery systems.
Investing in battery stocks carries risks due to market volatility and technological uncertainties. While the sector offers growth potential, it’s important to diversify your portfolio and conduct thorough research. Consider your risk tolerance and investment goals before investing in this dynamic sector.
To invest in battery stocks, open a demat account with a broker like Alice Blue. Research companies in the battery sector, considering factors like financial health, technological capabilities and market position. You can invest directly in individual stocks or through mutual funds and ETFs focusing on clean energy or electric vehicle sectors.
Battery penny stocks are shares of smaller battery-related companies trading at very low prices, typically under ₹10. These stocks are highly speculative and risky. Examples might include small-scale battery manufacturers or startups in battery technology. Always conduct thorough research before considering such high-risk investments.
Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:
Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
