Best Lithium Stocks in India

Best Lithium Stocks in India: From Mines to Markets

Lithium for Energy Transition 

Best Lithium Stocks in India

Understanding the Lithium Market in India:

Best Lithium Stocks in India: INDIA’S ENERGY STORAGE
MISSION:
Image Source: e-amrit.niti.gov.in

A. India’s lithium demand and supply dynamics. 

B. India’s lithium import dependency and efforts to establish domestic lithium reserves.

II. Government Initiatives and Policies Shaping the Lithium Market

Best Lithium Stocks in India

Company Current Price (In ₹ ) Market Cap (In Crores) ROE Dividend Yield Debt-to-equity P/E Ratio 3-year Returns
Exide Industries Ltd ₹ 466 ₹ 39,618 7.28 % 0.42 % 0.06 45.5 40%
BHEL ₹ 262 ₹ 91,195 1.70 % 0.15 % 0.35 0.00 79%
Amara Raja Energy & Mobility Ltd ₹ 1,089 ₹ 19,938 14.8 % 0.56 % 0.02 24.4 9%
GMDC ₹ 392 ₹ 12,466 22.9 % 2.92 % 0.00 14.4 94%
Vedanta Ltd ₹ 380 ₹ 1,41,124 20.4% 26.7% 2.38 28.4 19%
Reliance Industries Ltd ₹ 2,952 ₹ 19,97,232 9.23% 0.30% 0.44 28.7 19%
JSW Energy Ltd ₹ 617 ₹ 1,07,916 7.22% 0.32% 1.40 65.7 81%
Adani Enterprises Ltd ₹ 3,069 ₹ 3,49,878 9.63% 0.04% 1.56 93.2 38%
HBL Power Systems Ltd ₹ 455 ₹ 12,612 10.7% 0.10% 0.10 53.2 143%
Exicom Tele-Systems Ltd ₹ 299 ₹ 3,615 3.10% 0.00% 0.57 515 -
High Energy Batteries (India) Ltd ₹ 1,039 ₹ 931 33.9% 0.32% 0.17 48.0 87%
Hindustan Zinc Ltd ₹ 412 ₹ 1,73,999 55.3% 18.3% 0.57 22.4 11%

Data collected as of 22nd April 2024.

Let’s Explore some of these Lithium stocks in India

Exide Industries Ltd

Amara Raja Energy & Mobility Ltd

Gujarat Mineral Development Corporation Ltd

JSW Energy Ltd

High Energy Batteries (India) Ltd

Emerging Trends and Future Outlook

Conclusion

Disclaimer

The blog is meant for informational purposes and serves the general analysis of the stocks. The contents provided here are based on careful research and analysis utilizing the fundamental and technical indicators over a while. The post does not have any direct recommendations about investing or trading in the securities market. Thorough research and careful consideration are necessary for individuals to fulfill their responsibility in making financial decisions. Seeking professional advice before making any financial decisions is always advisable.

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