Battery and clean energy stocks traded with mixed cues on July 24, 2025, with gains led by Eveready Industries India Ltd. and CLN Energy Ltd., while counters like High Energy Batteries and Waaree Technologies faced pressure. The session reflected cautious investor sentiment as companies await Q2 earnings and policy updates on clean energy and electric mobility.
Eveready Industries India Ltd. soared by 2.96% to ₹430.25, driven by strong institutional buying and positive sentiment around its diversification into battery chemistries for storage applications. CLN Energy Ltd. gained 2.00% to close at ₹564.55, continuing its recent upward trend amid expectations of favorable announcements in the upcoming EV-linked PLI scheme.
HBL Engineering Ltd. and Indo-National Ltd. posted modest gains, rising 0.48% and 0.32% respectively, while Panasonic Energy India ended up 0.21% on steady volume.
On the flip side, Waaree Technologies fell by 1.99% to ₹339.15, the sharpest decline of the day, followed by High Energy Batteries, which lost 1.86%, amid broader weakness in specialty battery counters. Tata Power and Exide Industries also saw marginal dips, likely reflecting consolidation after recent rallies.
Despite some volatility, the long-term outlook for the battery sector remains positive, driven by infrastructure expansion, clean energy transitions, and localized battery manufacturing momentum.
? Top Gainers – July 24
- Eveready Industries India Ltd.: +2.96% (₹430.25)
- CLN Energy Ltd.: +2.00% (₹564.55)
- HBL Engineering Ltd.: +0.48% (₹588.05)
- Indo-National Ltd.: +0.32% (₹479)
- Panasonic Energy India: +0.21% (₹389.5)
? Top Losers – July 24
- Waaree Technologies: -1.99% (₹339.15)
- High Energy Batteries: -1.86% (₹679.5)
- Tata Power: -0.45% (₹400.7)
- Exide Industries: -0.08% (₹391.45)
- Amara Raja Energy: +0.01% (₹1011.45) (flat movement)
