ilmscore | 3 EV stocks with market cap over ₹5,000 cr #shorts

3 EV stocks with market cap over ₹5,000 cr #shorts

Published: 2024-10-07
Status: Analyzed

Predictions from this Video

Total: 4
Correct: 1
Incorrect: 1
Pending: 2
Prediction
Topic
Status
Companies supplying components and raw materials for EVs are poised to benefit from the EV boom.
"these companies don't make EVs, right? But they do supply the components and raw materials used in them. So here are the top stocks that can benefit from the EV boom in the future."
TATACHEM
Correct
Tata Chemicals is expected to benefit from the EV boom due to its production of soda ash, a component in lithium-ion batteries.
"Number one: Tata Chemicals EV. Soda ash is used in the lithium-ion batteries used in it, and TA Chemicals is the world's third largest soda ash producer."
TATACHEM
Incorrect
Hindalco is predicted to benefit from the EV boom due to its strong production of aluminum (for lightweight EVs) and copper (for EV engines).
"Number three: Hindalco. They have a strong command over aluminum and copper production. Aluminum is critical for increasing the driving range of EVs by making them lightweight, and copper is used in EV engines."
HINDALCO
Pending
A company referred to as 'AG' (likely a typo or placeholder, but the context is clear) is predicted to benefit from the EV boom as a global leader in graphite electrodes used in EV batteries.
"Number two: AG is used in the anode material used in EV batteries. HG is the global leader in graphite electrodes."
AG
Pending