Top Lithium Stocks in India
India’s lithium market was worth USD 0.88 bn in 2024 and is expected to grow at a CAGR of 21.12% till 2033. With increasing demand for EVs and batteries, lithium mining and manufacturing companies are set to benefit from domestic capacity expansion, government incentives and global focus on clean energy in 2025 and beyond. India wants to be the hub for EV adoption and green energy, and has seen increasing interest from investors in lithium stocks. These stocks have opportunities and risks in a rapidly changing world. This article will cover the top lithium stocks, benefits, risks, and things to consider before investing.
Best Lithium Stocks in India
Sunday, 28 September, 2025
| symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ADEL | Adani Enterprises Ltd | ADANIENT | /stocks/adani-enterprises-ADEL | Commodities Trading | 2,543.70 | 3,211.00 | 2,025.00 | 297,363.12 | 41.81 | 39.93 | 5.27 | 0.05 | 14.13 | -18.54 | -29.07 | 760.23 | Largecap | Capital Goods | Trading Companies & Distributors | Trading Companies & Distributors | -1.27 |
| AMAR | Amara Raja Energy & Mobility Ltd | ARE&M | /stocks/amara-raja-batteries-AMAR | Batteries | 977.75 | 1,444.00 | 832.30 | 17,964.85 | 19.02 | 39.93 | 2.43 | 1.07 | 13.32 | -26.48 | 101.74 | 30.91 | Smallcap | Capital Goods | Electrical Equipment | Electrical Components & Equipment | -0.39 |
| EXID | Exide Industries Ltd | EXIDEIND | /stocks/exide-industries-EXID | Batteries | 388.80 | 534.40 | 328.00 | 33,417.75 | 42.03 | 39.93 | 2.40 | 0.51 | 5.93 | -17.58 | 151.65 | 136.86 | Smallcap | Automobiles & Components | Electrical Equipment | Automotive Parts & Equipment | -1.11 |
| GMDC | Gujarat Mineral Development Corporation Ltd | GMDCLTD | /stocks/gujarat-mineral-development-corporation-GMDC | Mining - Diversified | 589.00 | 642.00 | 226.59 | 19,148.37 | 27.92 | 28.13 | 2.99 | 1.68 | 10.96 | 61.61 | 328.36 | 1,284.25 | Smallcap | Energy | Metals & Mining | Coal & Consumable Fuels | -2.18 |
| HCPR | Hindustan Copper Ltd | HINDCOPPER | /stocks/hindustan-copper-HCPR | Mining - Copper | 311.97 | 353.00 | 183.82 | 31,740.63 | 68.24 | 28.13 | 11.93 | 0.44 | 18.81 | -9.25 | 194.59 | 812.19 | Smallcap | Materials | Metals & Mining | Copper | -4.95 |
| HZNC | Hindustan Zinc Ltd | HINDZINC | /stocks/hindustan-zinc-HZNC | Mining - Diversified | 449.10 | 575.40 | 378.15 | 197,216.76 | 19.05 | 28.13 | 14.80 | 6.22 | 72.60 | -13.13 | 64.84 | 114.01 | Largecap | Materials | Metals & Mining | Diversified Metals & Mining | -3.78 |
| NALU | National Aluminium Co Ltd | NATIONALUM | /stocks/national-aluminium-co-NALU | Metals - Aluminium | 200.58 | 262.99 | 137.75 | 37,762.99 | 7.17 | 28.13 | 2.12 | 5.11 | 32.73 | -1.20 | 191.12 | 513.39 | Midcap | Materials | Metals & Mining | Aluminum | -2.45 |
| NMDC | NMDC Ltd | NMDC | /stocks/nmdc-NMDC | Mining - Iron Ore | 74.99 | 82.83 | 59.53 | 67,151.90 | 10.28 | 28.13 | 2.26 | 4.32 | 23.59 | -3.98 | 83.27 | 175.36 | Midcap | Materials | Metals & Mining | Steel | -1.82 |
| SHCM | Shree Cement Ltd | SHREECEM | /stocks/shree-cement-SHCM | Cement | 28,910.00 | 32,490.00 | 23,500.00 | 106,492.33 | 94.85 | 28.13 | 4.94 | 0.37 | 5.31 | 10.67 | 39.34 | 48.00 | Largecap | Materials | Construction Materials | Construction Materials | -2.05 |
| VDAN | Vedanta Ltd | VEDL | /stocks/vedanta-VDAN | Metals - Diversified | 447.95 | 526.95 | 363.00 | 180,296.26 | 12.03 | 28.13 | 3.35 | 9.43 | 31.28 | -10.72 | 69.49 | 222.03 | Largecap | Materials | Metals & Mining | Diversified Metals & Mining | -2.97 |
Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.
Note: The data on this lithium stocks list is dynamic in nature and subject to real-time changes.
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What are Lithium Stocks?
Lithium stocks are shares of companies engaged in mining, refining, or supplying lithium and lithium-based products. They may also include lithium battery stocks and firms in EV supply chains. In India, these stocks are linked to companies exploring lithium reserves, importing lithium, or developing advanced battery technologies.
Overview of Top 5 Lithium Stocks
- Adani Enterprises Ltd: It is India’s largest listed business incubator focused on energy utilities, transport logistics, consumer goods, and primary industries. The firm operates across airports, data centres, solar manufacturing, mining, and infrastructure development with a proven track record.
- Hindustan Zinc Ltd: Hindustan Zinc Ltd is the world’s second-largest zinc producer and comes under the top-5 global silver producers operating integrated mining-to-metal operations. It manages five underground mines in Rajasthan with 18.25 mn tonnes annual ore capacity and 1.2 mn tonnes metal production.
- Vedanta Ltd – It is a diversified natural resources giant operating zinc, aluminium, oil & gas, iron ore, copper, and steel segments globally. The firm is also planning to demerge the primary business into six separate entities by September 2025 to unlock value across all business verticals.
- Exide Industries Ltd: It manufactures and supplies advanced lead-acid and lithium batteries for automotive, industrial, and renewable energy storage applications. Its R＆D-driven production ensures high-performance, reliable, diverse, scalable power solutions worldwide.
How to Invest in Lithium Stocks in India?
Here is how one can invest in the best lithium stocks:
- Open a trading account or demat account. You can open a demat account with smallcase.
- Investors can utilise tools like the Tickertape Stocks Screener to explore the lithium stocks. Additionally, there are 200+ filters that you can use to create different screeners for comparison of various real estate.
- Place a ‘Buy’ order on the stocks in the lithium sector of your choice.
Advantages of Investing in Lithium Stocks
- Rising EV Demand: Growing adoption of electric vehicles in India and globally fuels demand for lithium, which may boost companies engaged in its supply chain.
- Government Push for Green Energy: Incentives under schemes like FAME-II and the National Electric Mobility Mission support lithium demand through EV and battery adoption.
- Scarcity Value: Lithium is a limited resource. Hence, lithium companies with access to reserves or partnerships may stand to benefit as supply remains tight.
- Global Growth Opportunities: Many lithium-related firms in India have significant export potential, which may benefit from global demand that extends beyond domestic markets.
- Diversification in the Energy Sector: Lithium stocks offer exposure to the renewable energy transition, which may diversify portfolios beyond traditional oil and gas investments.
Risks of Investing in Lithium Stocks
- Price Volatility: Lithium stock prices fluctuate in response to global supply-demand imbalances, which can impact company profitability.
- Exploration Uncertainty: Lithium mining and exploration projects often take years and involve high costs, with no guarantee of commercial success.
- Technological Disruption: Advances in alternative battery technologies may reduce future reliance on lithium, creating uncertainty.
- Regulatory and Environmental Issues: The mining and processing of lithium involve environmental challenges, which may lead to stricter regulations.
Factors to Consider Before Investing in Lithium Stocks
- Company Focus: In some firms, lithium forms the core of their business, while in others, it is only a small segment, influencing the level of exposure to the lithium market.
- Supply Chain Position: Companies may be involved in lithium mining, refining, or battery manufacturing, with each stage presenting distinct opportunities and challenges.
- Global Collaborations: Joint ventures or supply agreements with international partners can enhance visibility and growth opportunities for lithium-related firms.
- Financial Health: Balance sheets, debt levels, and profitability may indicate a company’s capacity to sustain lithium-related projects over time.
- Policy Influence: Government initiatives on EVs, renewable energy, and mining may affect lithium demand and industry dynamics.
- Industry Trends: EV adoption and battery forecasts may shape the long-term outlook for lithium demand and related stocks.
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To Wrap It Up…
Lithium battery stocks represent the future of clean energy and mobility. Their growth potential is tied to the rising adoption of EVs, batteries, and renewable energy solutions. At the same time, risks like price volatility, exploration delays, and technological changes cannot be ignored. To identify opportunities, investors can use Tickertape Stock Screener, which offers over 200 filters to analyse financial strength, sector trends, and valuations before making decisions.
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Frequently Asked Questions About Lithium Stocks
1. Why are lithium stocks significant in India?
Lithium mining stocks are significant because India plans to increase EV adoption and renewable energy, both of which require a reliable domestic and international lithium supply.
2. How do lithium stock prices affect performance?
The rising lithium stock price can improve profitability for producers. Whereas, a falling lithium stock price can reduce margins and affect investor returns.
3. Do Indian companies mine lithium?
A few Indian firms hold lithium-ion company stocks, but domestic mining is still limited. Most companies rely on partnerships or imports to meet the demand of the battery industry.
4. Are lithium stocks suitable for long-term investment?
Lithium battery companies’ stock may appeal to long-term investors because exposure to EV growth and energy storage can support sustained demand, though market volatility remains a risk. Moreover, the investors should consider conducting an analysis using Tickertape Stock Screener before making any investment decision.
5. How can I identify strong lithium companies stock?
Lithium-ion shares can be evaluated by checking balance sheets, production capacity, strategic partnerships, and government support, which may indicate the company’s ability to scale in the lithium sector.
6. Which sectors are linked to lithium shares?
Biggest lithium companies are closely linked to EV manufacturing, renewable energy, and electronics, as these sectors drive lithium demand for batteries and energy storage solutions.
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