The table below represents the Top Battery Stocks based on the market cap.
| Battery Stocks | Market Cap | Close Price |
| Exide Industries Ltd | 29,516.65 | 346.85 |
| Amara Raja Batteries Ltd | 15,222.76 | 885.45 |
| HBL Power Systems Ltd | 14,391.44 | 550.9 |
| Eveready Industries India Ltd | 2,636.37 | 345.75 |
| Indo National Ltd | 482.31 | 649.05 |
| Goldstar Power Ltd | 374.46 | 15.05 |
| Panasonic Energy India Co Ltd | 278.49 | 412.1 |
Looking to charge up your investment portfolio? Delve into our blog for an analysis of Battery Stocks In India now.
Best Battery Stocks In India
India’s battery sector is experiencing a surge in demand, fueled by advancements in technology and the growing need for energy storage solutions. From established manufacturers to innovative startups, these stocks offer investors a gateway to the evolving energy landscape in India. Discover the top stocks driving innovation and growth in the Indian battery market.
Looking for simple investment options? Dive into our blog for insights on Battery Stocks In India, making investment easy.
Exide Industries Ltd
Exide Industries Limited, an Indian company, specializes in designing, manufacturing, and selling lead-acid storage batteries. Its segments include Storage Batteries & allied products and Life Insurance. Products cater to automotive, power, telecom, and defense sectors, among others. Offerings include automotive, industrial, and solar batteries, along with UPS systems and e-rickshaw vehicles. The company operates over nine factories.
Amara Raja Batteries Ltd
Amara Raja Energy & Mobility Limited, previously known as Amara Raja Batteries Limited, is an Indian company specializing in lead-acid batteries for industrial and automotive applications. It manufactures automotive and home UPS/inverter batteries under brands like Amaron and PowerZone, distributed nationwide. Additionally, it supplies batteries to telecom, railways, power, and other sectors, and exports products to Indian Ocean Rim countries.
HBL Power Systems Ltd
HBL Power Systems Limited, based in India, specializes in designing, developing, and manufacturing specialized batteries and electronic solutions. Its segments include Industrial batteries, Defence and Aviation batteries, and Electronics, operating under three primary verticals: battery, electronics, and defence. Notably, it produces train safety systems, electric drive train kits, and batteries for aerospace applications like fighter aircraft and unmanned aerial vehicles.
Eveready Industries India Ltd
Eveready Industries India Ltd. specializes in marketing dry cell batteries, rechargeable batteries, flashlights, and small home appliances. Its product range includes batteries under Eveready, PowerCell, and Uniross brands, flashlights, LED bulbs, and small home appliances. The company also distributes electrical products and confectioneries. Manufacturing facilities are spread across various locations in India.
Indo National Ltd
Indo National Limited manufactures and markets batteries, torches, LED products, and electrical accessories. Its product range includes dry cell batteries, rechargeable batteries, LED bulbs, and energy-saving torches. The company also offers radium torches and operates a manufacturing plant in Andhra Pradesh. Subsidiaries include Helios Strategic Systems Ltd., Kineco Limited, and others.
Goldstar Power Ltd
Goldstar Power Limited is an Indian battery manufacturer known for its flagship brand GOLDSTAR. Their lead-acid batteries cater to automotive, industrial, motorcycle, UPS, solar, genset, and inverter applications. The product range includes automotive, tubular, SLI, e-rickshaw, SMF-VRLA, motorcycle, and solar batteries. With an integrated plant in Gujarat, they serve domestic, export, and OEM markets.
Panasonic Energy India Co Ltd
Panasonic Energy India Company Limited manufactures dry cell batteries in India. Their product range includes Zinc Carbon, Alkaline, Lithium Coin, and Rechargeable batteries. Marketed under various models like Panasonic Gold and Panasonic Hyper, these batteries are suitable for a wide range of electronic devices. The company also offers rechargeable batteries and chargers under the Eneloop brand.
Want to diversify your portfolio with banking stocks?
Explore the banking stocks in India for 2024 to enrich your investment portfolio and exposure to the dynamic financial sector.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time.