Nifty EV & New Age Automotive stocks list
NSETheme37 companies
- P/EPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it. Price to earnings of an index: how it is worked out
- 38.27
- P/BPrice to book of an index. The index's P/B as the exchange publishes it: its members' market value divided by their net worth, the assets they own less everything they owe.
- 4.19
- Dividend yieldDividend yield of an index. The index's dividend yield as the exchange publishes it: dividends its members paid over the last twelve months as a percentage of their market value.
- 0.87%
- 1MOne-month return of an index. The latest close against the close a month earlier, on the same date or the last trading day before it, as a percentage. One-month return of an index in the glossary
- −6.49%
- 3MThree-month return of an index. The latest close against the close three months earlier, on the same date or the last trading day before it, as a percentage. Three-month return of an index in the glossary
- −8.15%
- 1YOne-year return of an index. The latest close against the close a year earlier, on the same date or the last trading day before it, as a percentage. One-year return of an index in the glossary
- −6.44%
P/E against its own past
Where today's P/E sits among every trading day of each window: the dot is today, the tick the middle day.
At or below today's level on 78% of 598 trading days over the last 3 years.
At or below today's level on 48% of 247 trading days over the last 1 year.
P/E at each month's last trading day, and on 27 Oct 2026
What the Nifty EV & New Age Automotive companies earned
Revenue against the same quarter a year earlier, over today's members that filed both; profit after tax added up over the members that filed the quarter. A quarter fewer than 60% of them filed is left out, and the newest is added once nearly as many have filed it as the one before.
- Revenue growthRevenue growth, against a year earlier. Revenue of the quarter to Jun 2026 against the same quarter a year earlier, added up over the 36 companies that filed both.
- +23.0%quarter to Jun 2026
- ProfitProfit after tax, added up. Profit after tax of the quarter to Jun 2026, added up over the 37 companies that filed it; a loss counts as negative.
- ₹49,908 Crquarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 37 listed companies have filed results for the quarter to Jun 2026; the revenue growth and the profit are theirs.
- 37of 37
- Median ROCEMedian return on capital employed. The middle figure of the 36 companies' ROCE for the year to Mar 2026, half above and half below. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them.
- 14.0%year to Mar 2026
Revenue against the same quarter a year earlier, per cent
Profit after tax, ₹ crore, added up over the companies that filed
The largest companies
The 12 largest companies in the Nifty EV & New Age Automotive, each sized by its market cap.
Market cap, ₹ crore
- Reliance Industries₹16,18,762 Cr
- Maruti Suzuki India₹3,59,991 Cr
- Mahindra & Mahindra₹3,55,450 Cr
- Bajaj Auto₹2,85,521 Cr
- Eicher Motors₹1,96,695 Cr
- TVS Motor Company₹1,94,168 Cr
- Samvardhana Motherson International₹1,66,707 Cr
- Hyundai Motor India₹1,51,238 Cr
- Tata Motors₹1,47,017 Cr
- Bosch₹1,34,502 Cr
- CG Power and Industrial Solutions₹1,31,615 Cr
- Hero MotoCorp₹1,04,444 Cr
Companies in the Nifty EV & New Age Automotive
Largest first, by market cap.
Samvardhana Motherson InternationalMOTHERSON · Auto Components₹157.95+2.73%₹1,66,707 Cr38.1012.2%0.38%+47.7%
Tata MotorsTMCV · Agricultural, Commercial & Construction Vehicles₹399.20+3.94%₹1,47,017 Cr23.3047.5%1.00%–
CG Power and Industrial SolutionsCGPOWER · Electrical Equipment₹835.40+0.26%₹1,31,615 Cr95.7017.7%0.16%+14.7%
Ashok LeylandASHOKLEY · Agricultural, Commercial & Construction Vehicles₹142.00+0.07%₹83,409 Cr24.0011.9%2.46%+0.8%
Gujarat FluorochemicalsFLUOROCHEM · Chemicals & Petrochemicals₹4,235.70+0.92%₹46,529 Cr75.709.8%0.07%+17.4%
Himadri Speciality ChemicalHSCL · Chemicals & Petrochemicals₹541.50+3.69%₹27,323 Cr32.0015.9%0.15%+14.2%
ZF Commercial Vehicle Control Systems IndiaZFCVINDIA · Auto Components₹2,134.00−0.45%₹24,286 Cr48.6014.4%0.19%−0.9%
Funds that follow the Nifty EV & New Age Automotive
3 index funds and ETFs track the Nifty EV & New Age Automotive; 2 other funds use it as their benchmark.Nifty EV & New Age Automotive index funds and ETFs
Groww Nifty EV & New Age Automotive ETFETF · Groww Mutual FundNAV₹29.35281Y−6.09%3Y–5Y–Size₹294 CrCost0.67%
Mirae Asset Nifty EV and New Age Automotive ETFETF · Mirae Asset Mutual FundNAV₹29.45051Y−6.06%3Y–5Y–Size₹176 CrCost0.50%
ICICI Prudential Nifty EV & New Age Automotive ETFETF · ICICI Prudential Mutual FundNAV₹29.39701Y−6.21%3Y–5Y–Size₹73 CrCost0.50%
About the Nifty EV & New Age Automotive
The Nifty EV & New Age Automotive index tracks listed companies active in electric vehicles and new age automotive vehicles such as hybrid, hydrogen fuel-based and green hybrid vehicles, along with their batteries, components, raw materials and technology. It held 37 companies on 30 Sep 2026. NSE Indices Limited maintains it.
How companies are chosen
Only companies in the Nifty 500 at the time of review can join, and the bottom 10 percentile by 6-month average daily turnover are left out. A company must then fall into one of four groups. Group A makes electric and new age automotive vehicles: 2-wheelers, 3-wheelers, 4-wheelers, passenger and commercial vehicles. Group B makes batteries for them. Group C covers components (C.1), raw materials other than metals (C.2) and advanced automotive technology (C.3). Group D holds companies from the Group C universe that are also part of the Product Linked Incentives for advanced automotive or advanced chemistry cell batteries, the Faster Adoption and Manufacturing of Electric Vehicles scheme, or the Society of Manufacturers of Electric Vehicles, leaving out companies only in the charging ecosystem.
All Group A and Group B companies are selected. From each of C.1, C.2 and C.3 the top 5 by 6-month average free-float market capitalisation are added, then the top 5 from Group D not already chosen. Free-float market capitalisation is the market value of the shares available for public trading.
How it is weighted
Each company's weight follows its free-float market capitalisation. Group A companies together are capped at 40%, each Group A company at 8%, and every other company at 4%. Where these limits cannot be met, the cap is relaxed by 1%.
When it is reviewed
The index is reconstituted twice a year, in Mar and Sep, using the average of the six months ending the cut-off dates of 31 Jan and 31 Jul. Weights are rebalanced quarterly. Companies that leave the Nifty 500 also leave the index at the next review. An extra reconstitution follows if a member is removed from the Nifty 500 through a corporate action or an exchange suspension. Each quarter the index is also screened against SEBI's portfolio concentration norms for ETFs and index funds of 10 Jan 2019, and corrected if it fails them.
Base date and value
The index has a base date of 2 Apr 2018 and a base value of 1000. It launched on 30 May 2024.
- Published by
- NSE
- Kind
- Theme
- CompaniesCompanies in an index. How many companies the index holds on its current list, which the exchange revises from time to time. Companies in an index in the glossary
- 37
- List last changed
- 19 Oct 2026
- Above 200-day averageMembers above their 200-day average. The share of the index's members whose latest close is above their own average close of the last 200 trading days; members listed too recently to have one are left out. Members above their 200-day average in the glossary
- 9 of 37
Theme indices
Others in this group, the most used as a fund's benchmark first.All
Nifty PSE20 companiesP/E 10.23- Nifty500 Shariah203 companiesP/E 26.68
BSE Select Business Groups30 companiesP/E 21.82
Nifty Housing50 companiesP/E 18.35
Nifty India Digital50 companiesP/E 28.09
Nifty India Internet23 companiesP/E 136.09
Nifty India Tourism11 companiesP/E 85.58- BSE Bharat 22 Index22 companiesP/E 12.14
- BSE Housing Index26 companiesP/E 31.55
BSE India Defence33 companiesP/E 44.96