Curated basketCooling

EV Ecosystem

Electric-vehicle OEMs, battery, charging and component makers exposed to India's EV adoption curve.

10 companies
₹8.31L cr combined market capAs of 18 Aug 2026

This is an editorial list, not an index. No thematic index exists for us to source membership from, so the companies below were chosen by hand — treat the basket as a starting point for research rather than a definitive universe.

Returns

Cap-weighted with a 12% ceiling per company
Basis1D1W1M3M6M1Y
Cap-weighted-0.2%-0.9%+0.8%+12.3%+22.0%+21.5%
Equal-weighted-0.1%-1.1%-0.3%+13.3%+20.6%+17.2%
vs universe-1.0pp+4.8pp+15.9pp

Cap- and equal-weighted diverge. 1Y +4.3pp. The large members are carrying this theme — the typical company in it did less well than the headline suggests.

Why this label

Classified Cooling because it was ahead over 3 months, but the 1-month lead has gone or short-term breadth has dropped below 45%. Relative strength is measured against DocStoX universe (5,289 companies).

1M vs universe
-1.0pp
3M vs universe
+4.8pp
6M vs universe
+15.8pp
Above 200-DMA
80%
Above 50-DMA
50%
Acceleration
-5.9pp

These are the exact figures the nightly classifier read — not a recalculation in your browser. A dash means the input could not be computed, in which case no label is assigned at all.

Breadth

10 of 10 eligible
Above 200-day average80%
Above 50-day average50%
Median RSI
52.5
Oversold
0
RSI below 30
Overbought
1
RSI above 70

These percentages are of the 10 members that carry moving-average history, not all 10. Members without enough price history are excluded from both the numerator and the denominator.

Valuation

Medians, not averages — one loss-making outlier cannot drag the whole theme.

Median P/E
46.0
from 10 companies
Median ROE
10.9%
from 10 companies

Each median names the number of companies behind it. Companies without a reported figure are excluded from that median rather than counted as zero.

Leaders & laggards

All 10 companies

A dash means we have no figure — not a zero
Companies in the EV Ecosystem theme, with weight, market cap, price, returns and valuation.
SONA BLW PRECISION FRGS LSONACOMS+16.9%
HBL ENGINEERING LTDHBLENGINE-9.7%
JBM AUTO LIMITEDJBMA-7.5%
MAHINDRA & MAHINDRA LTDM&M+7.6%
EXIDE INDUSTRIES LTDEXIDEIND+6.9%
TATA POWER CO LTDTATAPOWER+1.0%
BHELBHEL+0.7%
OLECTRA GREENTECH LIMITEDOLECTRA-1.7%
GREAVES COTTON LTD.GREAVESCOT-20.4%
AMARA RAJA ENERGY MOB LTDARE&M+3.1%

EV Ecosystem stocks — frequently asked

How many EV Ecosystem stocks are listed in India?
DocStoX tracks 10 listed EV Ecosystem companies across NSE and BSE, selected as a curated basket rather than from an index.
How have EV Ecosystem stocks performed over the last 3 months?
The EV Ecosystem theme returned +12.3% over three months on a market-cap-weighted basis (each company capped at 12%), measured against DocStoX universe (5,289 companies).
Are EV Ecosystem stocks trending?
DocStoX currently labels this theme "Cooling", based on its 1-month and 3-month relative strength and the share of members above their 200-day and 50-day moving averages. This is a data classification, not investment advice.
Which EV Ecosystem stock has performed best recently?
SONA BLW PRECISION FRGS L (SONACOMS) leads the theme over the last month at +16.9%. Past performance does not indicate future returns.

Other curated baskets

Compare this theme with the rest of the market.

All themes

Themes are informational groupings of listed companies, not recommendations, portfolios or indices. Figures are computed nightly from end-of-day data and may lag the live market. This is not investment advice — consult a SEBI-registered adviser before investing.