EVINDIA
Mirae Asset Nifty EV and New Age Automotive ETF
Each stock's 10,000-path forecast, rendered as light.
Mirae Asset Nifty EV and New Age Automotive ETF (EVINDIA) Stock Analysis & Case Study
Is EVINDIA a good buy? The data-driven verdict.
on the numbers it worth a closer look, a Downstox Snapshot Score of 61/100.
On the numbers, Mirae Asset Nifty EV and New Age Automotive ETF (EVINDIA) worth a closer look, a Downstox Snapshot Score of 61/100, weighing a 68% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
How EVINDIA ranks against the 2,373 companies in our screener
EVINDIA is not currently one of the 2,373 companies in our live screener universe, so no percentile comparison is available for it here.
EVINDIA share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of EVINDIA history (2%/yr drift, 18%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| EVINDIA 2027 | ₹30 | ₹37 | ₹47 | +9% |
| EVINDIA 2028 | ₹29 | ₹40 | ₹56 | +18% |
| EVINDIA 2029 | ₹29 | ₹44 | ₹65 | +28% |
| EVINDIA 2030 | ₹30 | ₹47 | ₹76 | +39% |
| EVINDIA 2031 | ₹30 | ₹52 | ₹87 | +51% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability EVINDIA goes up, or doubles?
The bull case for EVINDIA
- A 10,000-path probability model puts a 68% chance the price is higher in a year, with a median target of ₹37 (+9%).
- Relatively low volatility (18%/yr), a steadier ride than the typical mid/small-cap.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹65.
The bear case & risks
- No model or past record guarantees future returns, treat this as one input, not a decision.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹29.
EVINDIA volatility & expected range, how bumpy is the ride?
Over the last 2.0 years EVINDIA compounded at 2%/year with annualized volatility of 18%. That volatility implies a 1-year 80% range of ₹30-₹47, the honest backbone behind any single price target.
EVINDIA price forecast, the full 60-month probability fan
EVINDIA price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds EVINDIA hits common targets within the simulated horizon?
Full multi-horizon detail on the EVINDIA price target & forecast page.
EVINDIA MTF margin & leverage across 6 brokers
Margin Trading Facility lets you buy EVINDIA with part of the capital. Lower margin % = higher leverage. Rates compared across 6 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| UpstoxCHEAPEST | 26.50% | 3.8× |
| GrowwCHEAPEST | 26.50% | 3.8× |
| DhanCHEAPEST | 26.50% | 3.8× |
| Kotak Neo | 100.00% | 1.0× |
| Paytm MoneyCHEAPEST | 26.50% | 3.8× |
| Anand RathiCHEAPEST | 26.50% | 3.8× |
Compare every broker on the EVINDIA MTF page.
About Mirae Asset Nifty EV and New Age Automotive ETF: sector, index & market-cap context
Mirae Asset Nifty EV and New Age Automotive ETF (EVINDIA) is an NSE-listed company. See more stocks on our screener.
How the EVINDIA Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Mirae Asset Nifty EV and New Age Automotive ETF's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
EVINDIA analysis, FAQs
Is Mirae Asset Nifty EV and New Age Automotive ETF (EVINDIA) a good buy?
On the numbers, Mirae Asset Nifty EV and New Age Automotive ETF (EVINDIA) worth a closer look, a Downstox Snapshot Score of 61/100, weighing a 68% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is EVINDIA overvalued or undervalued?
Valuation ratios for EVINDIA are tracked live on Downstox.
What is the EVINDIA share price target for 2031?
EVINDIA's probability-weighted 2031 median target is ₹52, with an 80% range of ₹30-₹87 (10,000-path Monte-Carlo).
What is the probability EVINDIA doubles in 5 years?
The modelled probability of EVINDIA reaching ₹68 (2×) within 5 years is 24%.
What is the bull case for EVINDIA?
A 10,000-path probability model puts a 68% chance the price is higher in a year, with a median target of ₹37 (+9%). Relatively low volatility (18%/yr), a steadier ride than the typical mid/small-cap.
What are the risks in EVINDIA?
No model or past record guarantees future returns, treat this as one input, not a decision.