29 May 2024
Giksongeorge-EV-Industry-Portfolio

Giksongeorge-EV-Industry-Portfolio

The world is experiencing a significant shift towards electric vehicles (EVs) as concerns about environmental sustainability and the need to reduce carbon emissions grow stronger.

As a result, the electric vehicle industry has been booming, and savvy investors are looking to capitalize on this trend. In this blog, we’ll explore the reasons why having an EV portfolio is a smart move and highlight some must-have EV companies to consider adding to your investment portfolio.

1. TATA Motors Ltd (NSE)

2. Amara Raja Batteries Ltd. (NSE)

3. Exide Industries Ltd. (NSE)

4. Suzlon Energy Ltd. (NSE)

5. Bharat Electronics Ltd (NSE)

  1. TATA Motors Ltd (NSE)

TATA Motors is a pioneer in the Indian automobile industry and has also made a significant mark in the electric vehicle segment. Despite facing some challenges in the past, the company has demonstrated robust growth in recent years. With its diverse range of electric vehicles and commitment to innovation, TATA Motors is well-positioned for the future. Investors looking for long-term growth potential may find TATA Motors a compelling addition to their EV portfolio.

Current Price: INR 635.30 (29th July 2023)
Possible retracement: INR 540
Entry at: INR 620
Target: INR 702 – INR 800
Stop Loss: INR 585

  1. Amara Raja Batteries Ltd. (NSE)

A key component of any electric vehicle is its battery, and Amara Raja Batteries is a leading player in this space. As EV adoption continues to rise, demand for efficient and reliable batteries is likely to surge. Amara Raja Batteries has a track record of consistent growth and stands to benefit from the EV industry’s expansion. Considering the company’s promising future prospects, including it in your EV portfolio could be a prudent decision.

Current Price: INR 624.40
Entry Price: INR 640
Target: INR 740-861
Stop Loss: INR 591

  1. Exide Industries Ltd. (NSE)

Similar to Amara Raja Batteries, Exide Industries is a major player in the battery industry. Although it has experienced some volatility in the past, the company has demonstrated resilience and has the potential to capitalize on the growing EV market. As EV sales increase, the demand for batteries will soar, presenting Exide Industries with ample growth opportunities.


Current Price: INR 251.15
Possible retracement: INR 237
Entry Price: INR 253
Target: INR 270-290

  1. Suzlon Energy Ltd. (NSE)

While large-cap and mid-cap EV companies are essential components of an EV portfolio, diversification is equally important. Suzlon Energy, though not directly an electric vehicle manufacturer, plays a crucial role in renewable energy, particularly wind power. The company’s recent order for a wind power project and potential for future growth make it an interesting addition to a well-rounded EV portfolio. However, investors should exercise caution due to the stock’s historical volatility. Click to read News about why it fell 10 %.

Current Price: INR 18.05
Entry Price: Market Price
Target: INR 49 – INR 67
Stop Loss: INR 8.60

  1. Bharat Electronics Ltd (NSE)

Bharat Electronics Ltd (BEL) may not be a conventional EV company, but its involvement in advanced technologies and the defense sector indicates its potential for growth. As technology advances and the need for sophisticated electronics in EVs increases, BEL could play a significant role in supplying critical components. With a promising chart and indications of expansion through hiring, BEL is worth considering for your EV portfolio.

Current Price: INR 130.15
Possible retracement:
114
Entry Price: Market Price/INR 128
Target: INR 180

Conclusion

This Portfolio was INR572 on 2n March 2020 and it is INR1538.05 today (29th July 2020). i.e. roughly 3 times in three years.

Target: INR 2219 – 2694

As the world shifts towards sustainable and eco-friendly alternatives, electric vehicles have emerged as a major disruptor in the automotive industry. Investing in an EV portfolio can provide long-term growth opportunities and allow you to participate in the transformation of transportation.

While the companies listed above are promising players in the EV space, it’s essential to conduct thorough research and consider various factors before making any investment decisions. The stock market is inherently unpredictable, and diversification remains a key strategy to mitigate risk. Therefore, it’s wise to consult with a financial advisor and tailor your portfolio based on your individual investment goals and risk tolerance.

Remember, investing in the stock market carries inherent risks, and past performance is not indicative of future results. Stay informed, make informed decisions, and invest wisely in the electrifying future of the automotive industry.
Follow for more money management tips on www.giksongeorge.com

All the screenshots attached are from Tradingview You can download the same from the link mentioned: TradingView.com

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