EVs, or electric vehicles, are the future. While we heavily rely on petrol and diesel today, we inevitably have to shift to EVs in the future. And the sooner we start, the better.
This is because of two main reasons: rising petrol and diesel prices and the environmental impact of these fuels. As the prices of petrol and diesel continue to soar, and their availability dwindles, EVs, being both cheaper and environmentally friendly, become the obvious choice.
The demand for EVs is only going to increase over time. So, without any delay, investing in EV penny stocks is a wise decision. Today’s EV penny stock could be tomorrow’s big winner.
As the electric vehicle (EV) industry grows rapidly, driven by global initiatives to combat climate change, investing in EV penny stocks has become a popular choice among investors.
Many governments worldwide are encouraging the use of electric vehicles, making EV companies a promising investment for the future.
In this article, we’ll explore EV penny stocks in India below ₹1 and other affordable EV stocks trading below ₹100.
These stocks have the potential to generate significant returns in the long term, but investing in penny stocks also comes with high risk.
Ensure you conduct your research and seek advice from a financial advisor before investing.
What Are EV Penny Stocks?
EV penny stocks are shares of companies operating in the electric vehicle industry, often available at a lower price.
These stocks are generally issued by small or emerging companies and may trade below ₹100, offering high growth potential along with high volatility.
EV Penny Stocks India Below ₹1: List of Companies
Here is a list of notable EV penny stocks trading at affordable prices. While they may not be under ₹1, these stocks are accessible to investors looking to enter the EV sector early.
1) Urja Global Limited
- Established: 1992
- Headquarters: Pune, Maharashtra
- Market Cap: ₹1.61 Trillion
- Share Price: ₹30.65
Urja Global Limited is a renewable energy company primarily focused on producing sustainable energy solutions.
Recently, the company has ventured into the EV sector, launching its electric scooter named E-Life, which offers a 100 km battery backup.
Key Highlights:
- The company has delivered an average profit growth of 495% over the last five years.
- Currently, debt-free.
- However, revenue has been declining since 2022.
Future Outlook:
Urja Global is working on strategies to boost its sales and strengthen its EV offerings.
If implemented effectively, the company could perform well in the electric vehicle space.
2) Motherson Sumi Wiring India Limited
- Established: 1986
- Headquarters: Noida, Uttar Pradesh
- Market Cap: ₹28 Trillion
- Share Price: ₹63.70
Motherson Sumi Wiring specializes in automotive and electrical wiring systems.
It has now expanded into the EV sector, producing wiring harnesses, battery connectors, charging cables, and adapters for electric vehicles.
Key Highlights:
- The company has provided an average return of 51% over the past five years.
- Currently, debt-free.
- Strong growth prospects with efforts to increase sales.
Future Outlook:
With its robust presence in the automotive sector and recent expansion into EVs, Motherson Sumi Wiring is poised for long-term growth.
3) Servotech Power Systems Limited
- Established: 1986
- Headquarters: Noida, Uttar Pradesh
- Market Cap: ₹1.77 Trillion
- Share Price: ₹82
Servotech Power Systems is a leading energy solutions provider in India.
The company has entered the EV market by manufacturing EV chargers and setting up charging stations across the country.
It aims to establish over 5,000 charging stations nationwide.
Key Highlights:
- Delivered a 2900% return over the last five years.
- The company carries a small debt of 7.51%, but its financial performance has been strong.
- Reported 41.77% growth in three years, with a 175% profit increase.
Future Outlook:
Servotech Power Systems is rapidly growing in the EV sector and is on track to become a significant player in the charging infrastructure market.
Table: EV Penny Stocks in India (2025)
| Company | Share Price (₹) | Market Cap | Sector Focus | Key Growth Metrics |
|---|---|---|---|---|
| Urja Global Limited | ₹30.65 | ₹1.61 Trillion | Renewable Energy, EV Scooters | 495% profit growth in 5 years |
| Motherson Sumi Wiring | ₹63.70 | ₹28 Trillion | EV Wiring, Battery Connectors | 51% return in 5 years |
| Servotech Power Systems | ₹82 | ₹1.77 Trillion | EV Chargers, Charging Stations | 2900% return in 5 years, 41.77% growth |
Why Invest in EV Penny Stocks?
- Growing Industry: The EV sector is expected to see exponential growth in the coming years, driven by government incentives and environmental awareness.
- Affordable Entry Point: Penny stocks allow investors to gain exposure to this high-growth industry at a low cost.
- High Return Potential: While risky, these stocks can offer substantial returns if the companies perform well.
Risks of Investing in EV Penny Stocks
- Volatility: Penny stocks are highly volatile and may experience significant price fluctuations.
- Liquidity Issues: Low trading volumes can make it challenging to buy or sell shares.
- High Risk: The potential for returns is accompanied by a high risk of loss, especially if the companies fail to meet growth expectations.
FAQs
1) What are EV penny stocks?
EV penny stocks are shares of companies operating in the electric vehicle industry, usually trading at lower prices, often below ₹100.
2) Can I invest in EV stocks under ₹1?
Currently, most promising EV stocks in India are trading above ₹1. The stocks listed in this article fall under ₹100 but offer good growth potential.
3) Are EV penny stocks a good investment?
While EV penny stocks carry high risk, they also have the potential for significant returns due to the rapid growth of the EV industry. Conduct thorough research and consult a financial advisor before investing.
4) Which are the top EV penny stocks in India?
Some of the top EV penny stocks in India include:
Conclusion
I hope you found our discussion interesting. Now you understand that EV penny stocks can potentially offer significant returns.
The EV sector in India is on the cusp of a significant transformation, driven by advancements in technology and government policies promoting sustainability.
Investing in EV penny stocks early can potentially yield high returns in the long term.
However, penny stocks come with risks, and it’s essential to analyze a company’s financials and growth prospects before investing.
Use this guide as a starting point, but always consult with your financial advisor and stay updated on market trends.
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