From waste to green gold: 5 battery recycling stocks to watch out for in 2025
2 months ago

From waste to green gold: 5 battery recycling stocks to watch out for in 2025

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As India races towards an electric future, powered by renewable energy and electric vehicles, a looming question casts a shadow on this green ambition: what happens to millions of EV batteries at the end of their life? View Full Image Source: Equitymaster From FY22 to FY24, the company achieved a CAGR growth of 11.5% in sales, while its net profit saw a growth by 14.1%. Through its subsidiary, Nile Li-Cycle Private Limited, the company inaugurated the first phase of its lithium-ion battery recycling plant in Telangana in March 2024, specialising in the production of mixed metal oxides. The company has also partnered with Ace Green Recycling Inc. to build the world's largest greenhouse gas emission-free battery recycling facility in Chittoor, Andhra Pradesh, India. View Full Image Source: Equitymaster From FY20 to FY24, the company achieved a CAGR growth of 8% in sales, while its net profit saw a growth of 14.3%.

History of this topic

Battery prices should come down by 10% after Budget 2025: Attero Recycling CEO
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1 month, 3 weeks ago
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Budget 2025: 2 key stocks picks in the EV battery space post basic custom duty exemption announcements
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Extended battery producers’ obligation penalties to increase recyclers profitability: Official
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LICO Materials opens battery recycling facility; to invest ₹250 cr in hydrometallurgy biz
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