Pure ev scooter. Sensex Today Trades Higher | Hindalco & Tech Mahindra Top…

List of Electric Vehicle Stocks

Here are the latest stock price details of India’s top Electric Vehicle stocks. For more detailed updates, check the latest Electric Vehicle sector results.

BSE prices: August 1, 2023 01:03:00 PM NSE prices: August 1, 2023 1:04:59 PM

Electric Vehicle Stocks Update

Within the Electric Vehicle sector, the top gainers were EXIDE INDUSTRIES (up 4.8%) and CONCORD CONTROL (up 3.7%). On the other hand, Hero MOTOCORP (down 3.6%) and MINDA CORPORATION (down 1.4%) were among the top losers.

Meanwhile, the benchmark SP BSE SENSEX was at 66,431.3 (down 0.1%).

Before you go, here are the upcoming corporate actions for Electric Vehicle stocks.

Upcoming Quarterly Results


Which are the top electric vehicles companies in India?

Based on marketcap, these are the top electric vehicles companies in India:

And for a fundamental analysis of the above companies, check out Equitymaster’s Indian stock screener which has a separate screen for best electric vehicle companies in India.

What are the top gainers and top losers within the electric vehicles sector today?

Within the Electric Vehicle sector, the top gainers were EXIDE INDUSTRIES (up 4.8%) and CONCORD CONTROL (up 3.7%). On the other hand, Hero MOTOCORP (down 3.6%) and MINDA CORPORATION (down 1.4%) were among the top losers.

For more, please visit the BSE auto index live chart and also check out our automobile sector report.

How should you value electric vehicles companies?

Investing in stocks requires careful analysis of financial data to find out a company’s true worth. However, an easier way to find out about a company’s performance is to look at its financial ratios.

Two commonly used financial ratios used in the valuation of stocks are.

Price to Earnings Ratio (P/E). It compares the company’s stock price with its earnings per share. The higher the P/E ratio, the more expensive the stock.

Price to Book Value Ratio (P/BV). It compares a firm’s market capitalization to its book value. A high P/BV indicates markets believe the company’s assets to be undervalued and vice versa.

To know more about the automobile sector’s past and ongoing performance, have a look at the performance of the NIFTY Auto Index and BSE Auto Index.

Which are some important indices one should track?

Well, it depends on what your goals are.

Having said that, the two key indices to track are the BSE Sensex which contains the list of BSE 30 stocks and the NSE Nifty which contains the list of NSE 50 stocks.

However, these two indices are considered to be too narrow by some, since they only track 30 and 50 stocks, respectively.

For broader tracking, you could use the BSE 200, BSE 500 or even the NSE 500 index.

Some popular market cap based indices include BSE Smallcap index and BSE Midcap index, among others.

pure, scooter, sensex, today, trades

Which important sectoral indices should one track?

It depends on one’s specific interests and investment goals.

Some popular sectoral indices to track in addition to the broader market indices are BSE IT index, BSE realty index, BSE manufacturing index and BSE auto index.

It’s important to research and understand the industries and companies included in each sectoral index to make informed investment decisions.

Today‘s Market

Sensex Today Trades Higher | Hindalco Tech Mahindra Top Gainers | Cochin Shipyard Jumps 3%(10:30 am)

Asian share markets are trading higher following overnight gains in US stocks amid upbeat sentiment. Investors also looked ahead for key economic data releases in the region.


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Pure EV Electric Scooter Recall Issued – After Fire Incidents

A recent spate of electric vehicle fires has been noticed by one and all. If there weren’t already a million queries that were in the process of being answered and understood, a possible fire hazard is worrying. As a proactive measure, a few days earlier, Okinawa announced a voluntary electric scooter recall.

pure, scooter, sensex, today, trades

Now Pure EV has done the same. This comes close on the heels of fire incidents reported from Madras and Nizamabad. As a precaution, Pure EV has recalled 2,000 units of its ETrance and EPluto 7G scooters from concerned batches.

As part of the recall, the concerned vehicles will be thoroughly checked. This includes battery checks. Each battery is to be inspected for any imbalance issues. They shall be calibrated through the Batrics Faraday device. In addition, Battery Management System (BMS), and charger calibration will be undertaken as required.

Expert panel to probe

To start with, Pure EV is reaching out to customers through its dealer network. This is being encouraged through an expeditious campaign for vehicle health checkup. The company stated it ‘takes safety of its customers and vehicles very seriously’. Concurrently, service camps are ongoing in customer interest. Necessary info too is disseminated in relation to best practices regarding battery and vehicle safety.

pure, scooter, sensex, today, trades

Currently, reasons attributed to such fires are scarce. In the meantime, the government has initiated an expert panel. And results are awaited from a thorough enquiry into such incidents. Once a report is received, the central government will proceed to issue necessary orders on defaulting parties.

Electric scooter sales

The move comes at a crucial time. The electric two-wheeler industry is only just teething. Setting strict guidelines at the early stages will help formulated policies for the betterment of the industry in quicktime. This is imperative considering governance is keen on a transition to electric vehicles. A select few states also offer additional subsidies to what is dictated by FAME II policies. Globally too, a move to electric vehicles contributing to a good part of total sales are expected.

Policy changes are specific to individual nations attempting to reach net-zero emission goals. At the turn of the ongoing decade, India’s targeted EV penetration is set at 30 percent of all new vehicles registered. Currently, electric passenger car vehicle penetration is lower than small cargo vehicles and electric two-wheelers. Public transport bus fleets are getting necessary investment from government bodies.

The large number of competitive e-platform corporate vying for increased business ensures they are quick to adapt to electric SCVs as part of their global net-zero goals. But currently, the true revolution is being brought about by an increasing number of electric two-wheeler manufacturers that have already launched a wide range of low and high speed scooters. All the while sales are increasing.

This post was last modified on April 26, 2022 8:52 am


The PURE scooters do not look like typical electric scooters at all. At the first glance, ePluto 7G resembles the look of the classic Vespa whereas ETrance Neo has more of a sporty look resembling the typical combustion-engine scooter. The scooter gets a four-inch backlit digital LCD display that displays information about speed, distance, turn indicator, battery and parking status.

There is an LED headlight and indicators at the front. The footboard of the scooter is a bit cramped and you will only be able to have small packages there. Meanwhile, the seat on the scooter is also pretty comfortable and there is a grab rail for the pillion rider. At the back, there is a LED taillight along with Halogen indicators.

Under the seat is where the battery of the PURE EV scooter. This means there is no boot space on this scooter where you can put your helmet and your belongings. The scooter also comes with an anti-theft alarm system and wheel lock system.


PURE EV ETrance Neo can be a great commuter vehicle and is perfect for city rides. You cannot expect it to be fast, but also remember you should not and cannot go fast in the city anyway.

There are three modes of ride on the scooter. The first mode allows you to reach a top speed of 30kmph, which can be great if you are riding in traffic. The second mode allows you to pace up a little and reach a top speed of 45kmph while the third and last mode allows you to reach the top 60kmph speed of the scooter. You can toggle between the modes easily with the help of a switch button which you can easily reach with your right thumb.

The speed determines the mileage of the scooter as well; the more you are on a higher mode, the quicker is the battery consumption. So, if you ride your scooter at a full speed for a long time, your mileage may be reduced accordingly. The ideal speed for the scooter would be in the second mode.

The scooter also has a regenerative braking system.

Battery and charging

Powering PURE EV ETrance Neo is a portable 60V 2.5KW Lithium-ion battery. Since the battery is portable, you can charge them at your convenient outlet. This is very handy if you do not have your own garage or a charging outlet in your parking area. You can also plug the charger directly into the scooter as well. The battery charging time is stated to be around four hours and the battery life is limited to 1,000 charge cycles.

The range is claimed to be 116 km, but again that completely depends on your riding style.

Some of the notable features of PURE EV ETrance Neo are:

  • 2.5kWh portable battery pack
  • 116 km mileage
  • Three speed modes
  • 4 inch LCD dashboard
  • 30Nm torque

The price of PURE EV ETrance Neo is Rs 229,000. For this, the company is providing you with:

  • Three-year/4,0000 km warranty on the battery
  • One-year warranty on motor controller and charger
  • Rs 10,000 sure-shot discount
  • Scratch coupon: a) Another discount up to Rs 10,000, b) Pokhara tour for two persons, c) Autonix electric cycle, d) iPhone 12.3
  • Lucky draw offer: ETrance Plus which is also a PURE electric scooter

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