TL;DR
Indian EV and auto stocks saw a significant decline on October 24, 2025, driven by global market instability and cautious investor sentiment.
On October 24, 2025, shares of India's electric vehicle (EV) and auto parts companies experienced a significant drop, reflecting a pessimistic sentiment within the clean mobility and manufacturing sectors. Investors showed caution due to unstable global markets, profit-taking activities, and subdued expectations for demand during the upcoming holiday season.
Major players like Amara Raja Energy & Mobility saw a decline of 0.10% to ₹996.80, while Bharat Forge decreased by 1.25% to ₹1,283.90, both impacted by weak global signals in the metal and automotive supply chain. Bosch also fell 0.87%, ending at ₹38,585.00, amidst concerns over rising input costs.
The EV ecosystem faced considerable pressure, with Exicom Tele-Systems Ltd. dropping 2.12% and Ola Electric Mobility Ltd. falling 1.63%. Other manufacturers like Exide Industries and Olectra Greentech also saw declines, reinforcing a general reduction in the EV supply chain sector.