Latest news with #MercuryEVTech
Mint
29-07-2025
- Automotive
- Mint
Small-cap stock under ₹100 Mercury EV-Tech jumps 5% despite Nifty 50 paring one-year gains
Small-cap stock Mercury EV-Tech rallied 5% in the intraday on Tuesday, July 29, despite a lacklustre trend in the Indian stock market. As the benchmark indices reeled under pressure, with the Nifty 50 index turning negative over last one year, shareholders of Mercury EV-Tech cheered the inauguration of a new store in Dahod. Small-cap stock under ₹ 100 — Mercury EV-Tech — informed exchanges late last evening that it has inaugurated a new showroom at Dahod. Earlier in June, the company had announced the launch of another showroom in Bhavnagar. Mercury EV-Tech manufactures electric vehicles and provides related services. They produce a range of electric vehicles, including scooters, cars, buses, vintage cars, and golf cars. They also develop custom electric vehicles for various applications like hospitality, industry, and leisure. Additionally, they manufacture key components like batteries, chassis, and motor controllers. Mercury EV Tech reported a net profit of ₹ 1.33 crore for the quarter ending March 2025, a big jump of 470% compared to ₹ 23.4 lakh in the same quarter last year. The company's revenue from operations also rose sharply by 451%, reaching ₹ 30.68 crore, up from ₹ 5.57 crore, thanks to strong demand for its electric vehicle products. On the operations side, EBITDA (earnings before interest, tax, depreciation, and amortisation) increased by 431% to ₹ 2 crore, up from ₹ 37.6 lakh last year. This growth was supported by better operational efficiency. However, the EBITDA margin slipped slightly to 5.96% in Q4FY25, compared to 6.76% in Q4FY24. Small-cap stock Merucry EV-Tech jumped 5.2% to ₹ 54.50 on the BSE today. The stock opened at ₹ 52.80, higher than the last close of ₹ 51.79 apiece. The stock is part of the BSE Small-cap index, having a market cap of just over ₹ 1,000 crore. The stock has struggled in the near term, losing 44% on a year-to-date basis and 26% over the last one year. However, on a longer time frame of five years, the stock has surged a massive 12,144%, delivering multibagger gains to investors.
Mint
29-07-2025
- Automotive
- Mint
Small-cap stock under ₹100 Mercury EV-Tech jumps 5% despite Nifty 50 paring one-year gains
Small-cap stock Mercury EV-Tech rallied 5% in the intraday on Tuesday, July 29, despite a lacklustre trend in the Indian stock market. As the benchmark indices reeled under pressure, with the Nifty 50 index turning negative over last one year, shareholders of Mercury EV-Tech cheered the inauguration of a new store in Dahod. Small-cap stock under ₹ 100 — Mercury EV-Tech — informed exchanges late last evening that it has inaugurated a new showroom at Dahod. Earlier in June, the company had announced the launch of another showroom in Bhavnagar. Mercury EV-Tech manufactures electric vehicles and provides related services. They produce a range of electric vehicles, including scooters, cars, buses, vintage cars, and golf cars. They also develop custom electric vehicles for various applications like hospitality, industry, and leisure. Additionally, they manufacture key components like batteries, chassis, and motor controllers. Mercury EV Tech reported a net profit of ₹ 1.33 crore for the quarter ending March 2025, a big jump of 470% compared to ₹ 23.4 lakh in the same quarter last year. The company's revenue from operations also rose sharply by 451%, reaching ₹ 30.68 crore, up from ₹ 5.57 crore, thanks to strong demand for its electric vehicle products. On the operations side, EBITDA (earnings before interest, tax, depreciation, and amortisation) increased by 431% to ₹ 2 crore, up from ₹ 37.6 lakh last year. This growth was supported by better operational efficiency. However, the EBITDA margin slipped slightly to 5.96% in Q4FY25, compared to 6.76% in Q4FY24. Small-cap stock Merucry EV-Tech jumped 5.2% to ₹ 54.50 on the BSE today. The stock opened at ₹ 52.80, higher than the last close of ₹ 51.79 apiece. The stock is part of the BSE Small-cap index, having a market cap of just over ₹ 1,000 crore. The stock has struggled in the near term, losing 44% on a year-to-date basis and 26% over the last one year. However, on a longer time frame of five years, the stock has surged a massive 12,144%, delivering multibagger gains to investors. Disclaimer: This story is for educational purposes only. 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.
