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Best EV (electric vehicle) stocks in India (November 2026)

The best EV (electric vehicle) stocks in India by business quality, with our fair-value verdict on each — screened from every listed company, not a hand-picked list.

#CompanyQualityDiscountOur call
1Shivalik Bimetal Controls LtdSBCL · Industrials79-71%Watch
2Gulf Oil Lubricants India LtdGULFOILLUB · Energy78+12%Buy candidate
3Hero MotoCorp LtdHEROMOTOCO · Consumer Discretionary77-36%Watch
4Poojaa Precision Engg. Ltd544844.BO · Consumer Discretionary77-139%Watch
5SPR Auto Technologies LtdSHRIPISTON · Consumer Discretionary70-85%Watch
6Adani Total Gas LtdATGL · Energy68-522%Watch
7Permanent Magnets LtdPERMAGN · Industrials68-115%Watch
8Permanent Magnets Ltd504132.BO · Industrials67-86%Watch
9Zelio E-Mobility Ltd544563.BO · Consumer Discretionary64-993%Avoid
10Dhoot Transmission LtdDHOOTTRANS · Consumer Discretionary62-510%Watch
11KSH International LtdKSHINTL · Industrials59-447%Avoid
12TVS Motor Company LtdTVSMOTOR · Consumer Discretionary58-663%Avoid
13Refex Industries LtdREFEX · Utilities56-6%Avoid
14Neogen Chemicals LtdNEOGEN · Commodities47-1751%Avoid
15Alicon Castalloy LtdALICON · Consumer Discretionary45-219%Pass
16Tata Power Company LtdTATAPOWER · Utilities44-194%Pass
17Danlaw Technologies India Ltd532329.BO · Industrials40-269%Pass
18Mufin Green Finance LtdMUFIN · Financial Services39-732%Pass
19Gujarat Fluorochemicals LtdFLUOROCHEM · Commodities39-368%Pass
20Precision Camshafts LtdPRECAM · Consumer Discretionary38-53%Avoid
21Greaves Cotton LtdGREAVESCOT · Industrials37—Pass
22Servotech Renewable Power System LtdSERVOTECH · Industrials31-353%Avoid
23Kabra Extrusion Technik LtdKABRAEXTRU · Industrials29-647%Avoid
24Ola Electric Mobility LtdOLAELEC · Consumer Discretionary26—Avoid
25Mercury EV-Tech LtdMERCURYEV · Consumer Discretionary26-1022%Avoid
26Electrotherm (India) LtdELECTHERM · Industrials21+72%Avoid
27Aerpace Industries Ltd534733.BO · Industrials18—Avoid
28Keto Motors Ltd537392.BO · Consumer Discretionary14-308027%Avoid
29Exicom Tele-Systems LtdEXICOM · Industrials13—Avoid
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Quality score is a 0–100 rating of business quality; discount is versus our estimate of fair value. RichFakir is a free educational research tool, not investment advice — figures are estimates from public filings and may contain errors. Do your own research.