This Company stock gains 5 percent after company shares this update
Despite the market challenges, Mercury EV-Tech's shares gained over 5% on Tuesday, July 29, 2025. This resilience is a testament to the company's stability and potential. The stock is in action as the company has inaugurated a new store. The counter opened with a gain of around 2 per cent at Rs 52.80 against the previous close of Rs 51.79. It later jumped and touched a high of Rs 54.50. Last seen, it was trading at Rs 52.61. The 52-week high of the stock is Rs 139.20, and the 52-week low is Rs 48.26. The market cap of the company is Rs 1,000 crore.
Mercury EV-Tech, a company that is not just about electric vehicles, but about redefining the future of mobility. Their new showroom at Dahod is a testament to their commitment to innovation. The company produces a range of electric vehicles and also develops custom electric vehicles for various applications like hospitality, industry, and leisure.
The company's financial growth is a testament to its potential. With a remarkable 574% YoY growth in PAT, the company is on a promising trajectory.
According to the information shared with the exchanges, the company posted a net profit of Rs 1.55 crore in the fourth quarter of the FY25. This is a jump of around 574 per cent from 0.23 crore in the corresponding quarter a year ago. Stock Market Today
Benchmark equity indices Sensex and Nifty fell in early trade, extending their downward journey to the fourth day running, amid uncertainty related to the India-US trade deal and persistent foreign fund outflows.
The 30-share BSE Sensex dropped 270.77 points to 80,620.25 in opening trade. The 50-share NSE Nifty dipped 71.25 points to 24,609.65.
From the Sensex firms, Eternal, Infosys, Bharat Electronics, ICICI Bank and Asian Paints were among the biggest laggards.
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