Latest news with #MercuryEV-Tech
Mint
2 days ago
- Automotive
- Mint
15,600% rally in five years! Small-cap EV stock jumps in a rally post RBI MPC meeting outcome
Multibagger small-cap EV stock gained in the intraday trade on Friday amid a stock market rally spurred by the Reserve Bank of India's (RBI) massive repo rate cut. The sharp gains in the Indian stock markets following a surprise 50 basis points (bps) rate cut by the RBI Monetary Policy Committee (MPC) also supported a rally in small-cap EV stock Mercury EV-Tech Limited. The unexpected rate cut boosted investor sentiment, pushing benchmark indices higher — the S&P BSE Sensex surged by 800 points, and the Nifty 50 crossed the 25,000 mark. In addition to the positive market momentum driven by the RBI's decision, Mercury EV-Tech Ltd also gained following a business update announcement, further fueling investor interest. Small-cap EV stock Mercury EV-Tech business on Thursday, June 5, 2025, intimated the BSE about a business update. As per the business update announced by Mercury Ev-Tech, the company has inaugurated a new showroom located at Shop No. 5, Near Sagar Complex, Jashonath Circle, Bhavnagar, Gujarat. In another business update, the company, in April, had announced a 3.2 GW battery manufacturing facility in Vadodara. Mercury EV-Tech Limited, through its wholly owned subsidiary PowerMetz Energy, announced the commissioning of a 3.2 GW lithium-ion battery manufacturing facility at its Vadodara campus. The company had informed exchanges that equipment is scheduled to reach the Vadodara campus by the end of April, with pilot production set to begin mid-May 2025. With this, the company houses the infrastructure to develop and produce an extensive range of chemistries, including: LFP (Lithium Iron Phosphate), NMC (Nickel Manganese Cobalt), Sodium-Ion Cells and Supercapacitor Modules. Small-cap EV stock Mercury EV-Tech touched intraday highs of ₹ 59.94 today, which translated into gains of more than 1%. The small-cap stock, despite sharp corrections in the recent past, has risen a whopping 1560% in the past five years, making Mercury EV-Tech a multibagger.
Mint
2 days ago
- Automotive
- Mint
15,600% rally in five years! Small-cap EV stock jumps in a rally post-RBI MPC meeting outcome
Stock Market Today: Having seen 15,600% rally in five years, the small-cap EV stock gained in the intraday trades on Friday in a rally post-RBI MPC meeting outcome was announced. Check details While the sharp gain in the Indian Stock Markets following a sunrise 50 bps or basis point. also supported the gain for the small-cap EV stock MERCURY EV-TECH LIMITED. A surprising 50 basis point rate Cut decision boosts the Indian stock market, sending the benchmark Indices as S&P BSE Sensex up 800 points and the Nifty-50 index above the 25,000 mark. Besides the strong market sentiments led by RBI's interest rate decisions, the gains for Mercury EV-tech Ltd also were driven by the announcement following Business update. Small-cap EV stock Mercury EV-Tech business on Thursday 5, June, 2025 intimated the BSE or the Bombay stock Exchange about a business update. As per the business u[date announced by Mercury Ev-Tech Limited, the company has inaugurated a new showroom located at Shop No. 5, Near Sagar Complex, Jashonath Circle, Bhavnagar, Gujarat. Its other business its faculties include a chassis Manufacturing. unit. This is a state-of-the-art facilities with advanced machinery for diverse chassis types. MANUFACTURING FACILITY & CAPACITY: It has a 3.2 GW Lithium-Ion Battery Manufacturing Facility (Vadodara), The company has placed additional order for a fully robotic, high-throughput production line from a top-tier equipment provider. Equipment is expected by end of May, pilot production by mid-June 2025. It has Designed as a next-generation battery architecture hub with infrastructure for a wide range of chemistries. Multi-chemistry flexibility to cater to electric mobility and stationary energy storage. Capable of producing LFP, NMC, Sodium-Ion Cells, and Super Capacitor Modules Small-cap EV stock Mercury EV-Tech Share price touched intraday highs of ₹ 59.94 , which translated in to gains of more 1% The Small-cap EV stock Mercury EV-tech share price despite sharp corrections in the recent past, the Mercury EV-tech is still up 1560 % in the last 5 years. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
26-05-2025
- Automotive
- Mint
17000% rally in five years! Small-cap stock under ₹100 jumps following stock market rally
Multibagger small-cap stock: Mercury EV-Tech share price traded higher on Monday, extending its rally to the second consecutive session, following the Q4 results. The small-cap stock jumped as much as 3.82% to ₹ 66.29 apiece on the BSE. The rally in Mercury EV-Tech share price comes after the company reported stellar earnings growth for the fourth quarter of FY25, with a multifold rise in revenue and net profit. Mercury EV Tech is an electric vehicle solutions provider, which designs, manufactures, and provides end-to-end solutions for a diverse range of electric vehicles, including 2-wheelers, 3-wheelers, 4-wheelers, loaders and passenger vehicles. Mercury EV Tech reported a consolidated net profit of ₹ 1.33 crore for the quarter ended March 2025, registering a sharp growth of 470% from ₹ 23.40 lakh in the year-ago period. The company's consolidated revenue from operations in Q4FY25 surged by 451% to ₹ 30.68 crore from ₹ 5.57 crore, year-on-year (YoY), driven by robust market demand for its EV offerings. At the operational front, EBITDA rose by 431% to ₹ 2 crore from ₹ 37.6 lakh in the same period last year, supported by improved operational efficiencies. The EBITDA margin stood at 5.96% in Q4FY25, compared to 6.76% in Q4FY24. Mercury EV Tech share price has faced near-term pressure, with the stock declining 7% in the past month and down 32% year-to-date (YTD). Over the last one year, the small-cap stock has slipped 10%. However, despite recent weakness, Mercury EV Tech share price has delivered exceptional long-term returns. The stock has surged 226% over the past two years and has generated staggering multibagger returns of 17,800% over the last five years. At 11:20 AM, Mercury EV Tech share price was trading 0.44% higher at ₹ 64.13 apiece on the BSE.
Mint
26-05-2025
- Automotive
- Mint
17000% rally in five years! Small-cap stock under ₹100 jumps following stock market rally
Multibagger small-cap stock: Mercury EV-Tech share price traded higher on Monday, extending its rally to the second consecutive session, following the Q4 results. The small-cap stock jumped as much as 3.82% to ₹ 66.29 apiece on the BSE. The rally in Mercury EV-Tech share price comes after the company reported stellar earnings growth for the fourth quarter of FY25, with a multifold rise in revenue and net profit. Mercury EV Tech is an electric vehicle solutions provider, which designs, manufactures, and provides end-to-end solutions for a diverse range of electric vehicles, including 2-wheelers, 3-wheelers, 4-wheelers, loaders and passenger vehicles. Mercury EV Tech reported a consolidated net profit of ₹ 1.33 crore for the quarter ended March 2025, registering a sharp growth of 470% from ₹ 23.40 lakh in the year-ago period. The company's consolidated revenue from operations in Q4FY25 surged by 451% to ₹ 30.68 crore from ₹ 5.57 crore, year-on-year (YoY), driven by robust market demand for its EV offerings. At the operational front, EBITDA rose by 431% to ₹ 2 crore from ₹ 37.6 lakh in the same period last year, supported by improved operational efficiencies. The EBITDA margin stood at 5.96% in Q4FY25, compared to 6.76% in Q4FY24. Mercury EV Tech share price has faced near-term pressure, with the stock declining 7% in the past month and down 32% year-to-date (YTD). Over the last one year, the small-cap stock has slipped 10%. However, despite recent weakness, Mercury EV Tech share price has delivered exceptional long-term returns. The stock has surged 226% over the past two years and has generated staggering multibagger returns of 17,800% over the last five years. At 11:20 AM, Mercury EV Tech share price was trading 0.44% higher at ₹ 64.13 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
23-05-2025
- Automotive
- Business Standard
Mercury EV-Tech consolidated net profit rises 573.91% in the March 2025 quarter
Sales rise 450.81% to Rs 30.68 crore Net profit of Mercury EV-Tech rose 573.91% to Rs 1.55 crore in the quarter ended March 2025 as against Rs 0.23 crore during the previous quarter ended March 2024. Sales rose 450.81% to Rs 30.68 crore in the quarter ended March 2025 as against Rs 5.57 crore during the previous quarter ended March 2024. For the full year,net profit rose 297.49% to Rs 7.91 crore in the year ended March 2025 as against Rs 1.99 crore during the previous year ended March 2024. Sales rose 307.08% to Rs 89.64 crore in the year ended March 2025 as against Rs 22.02 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 30.685.57 451 89.6422.02 307 OPM % -2.846.82 - 9.0613.26 - PBDT 1.590.43 270 10.703.21 233 PBT 1.370.35 291 9.942.89 244 NP 1.550.23 574 7.911.99 297
