Battery stocks have been charged up in last one year. Experts do point out the risk of technology disruption in the battery space, but these stocks are the talk of the town for now. Five stocks from the sector rose 80-650% in the last one year. Some like High Energy Batteries (India), Eveready Industries India, and HBL Power Systems have gained over 200 percent. But according to SWOT analysis, 3 out of these 5 companies are showing signs of weakness such as decline in earnings parameters and promoters decreasing their shareholding. Meanwhile, the stocks of sector's top two companies (by market-cap) - Exide Industries and Amara Raja Batteries - rose only 18 percent and 4 percent, respectively, in a year.
High Energy Batteries (India) | In a year, the stock price has risen 688 percent to Rs 1646 per share as on July 7, 2021. The market-cap stands at Rs 295 crore. Click here for Moneycontrol SWOT analysis.
Eveready Industries India Ltd. | In a year, the stock price has risen 275 percent to Rs 316 per share as on July 7, 2021. The market-cap stands at Rs 2294 crore. Click here for Moneycontrol SWOT analysis.
HBL Power Systems Ltd. | In a year, the stock price has risen 215 percent to Rs 54 per share as on July 7, 2021. The market-cap stands at Rs 1509 crore. Click here for Moneycontrol SWOT analysis.
Panasonic Energy India Company Ltd. | In a year, the stock price has risen 90 percent to Rs 283 per share as on July 7, 2021. The market-cap stands at Rs 212 crore. Click here for Moneycontrol SWOT analysis.
Indo-National Ltd. | In a year, the stock price has risen 83 percent to Rs 995 per share as on July 7, 2021. The market-cap stands at Rs 373 crore. Click here for Moneycontrol SWOT analysis.