Astounding Stock Market Performance
Mercury EV-Tech, one of the leading electric vehicle (EV) companies, has proved to be a genuine multibagger for Indian stock markets. The stock has witnessed a mind-boggling 9,900% appreciation since 2022, making its share price shoot from Re 0.85 to ₹85 and converting small investments into monumental returns.
For example, an investor who had invested ₹ 1 lakh three
years ago in Mercury EV-Tech shares is presently witnessing his portfolio well
up to ₹ 1 crore, thereby testifying to the equity markets' fabulous wealth
creation capability.
Consistent Growth Amid Market Volatility:
Though any chaos in the stocks might make it pretty hard to get steady returns, at Mercury EV-Tech, it has shown resilience and stability, consistently having performed with outstanding results even during market fluctuations and economic uncertainty
It broke record highs each year:
CY22: Phenomenal 1,300% return
CY23: Another surge of 897%
Such impressive annual gains have cemented Mercury EV-Tech's
reputation as a top performer in the penny stock category.
About Mercury EV-Tech
Mercury EV-Tech is an emerging leader in the electric
vehicle and renewable energy sector. Its operations include the manufacturing
and trading of EVs, along with critical components like batteries, chassis, and
motor controllers.
Product Portfolio
The company provides products ranging from two-wheelers to
buses, loaders, and passenger vehicles, which makes the company versatile
within the EV space.
Some recent innovations showcased in the "Bharat
Mobility Global Expo (BMGE) 2025 – Auto Expo" were:
e-TANQ: This is an
off-road vehicle built with rugged terrain capabilities.
Europa: A luxury concept vehicle on a showroom-on-wheels
Moreover, Mercury EV-Tech upgraded its European standard 3W
E-Rickshaw L5, a 7-seater
Financial Summary:
Mercury EV-Tech Q2FY25 Financial Highlights: A High Growth Period.
Net Profit: ₹1.60 crore (this is 171% YoY increase over
₹0.59 crore).
Revenue: ₹19.48 crore compared with Q2FY24 at ₹5.52 crore.
Riding on the Wave of EVs :
The Electric Vehicle industry is experiencing some
exponential growth because of the following factors:
Environmental awareness.
Government incentives.
Technological advancements in EV and battery technology.
Indian potential for electric vehicles.
India, the world's fifth-largest automobile market, is
expected to be the third largest by 2030. The Indian EV market is projected to
grow at a CAGR of 36% in the coming years, according to IESA.
The government initiatives under NITI Aayog have set the
targets for the adoption of EVs by 2030 as follows:
- 70% of commercial cars
- 40% of buses
- 80% of two- and three-wheelers.
With the country targeting net-zero carbon emissions by
2070, companies like Mercury EV-Tech are well positioned to gain from the
ever-growing EV ecosystem.
Takeaway for Investors
The meteoric rise of Mercury EV-Tech is proof of the
tremendous potential of discovery and investment in high-growth stocks. Given
its focus on innovation, financial strength, and participation in the
fast-growing EV market, the company continues to draw investor interest.
Disclaimer:
This article is for informational purposes only. Investors should consult certified financial advisors before making any investment decisions.Stay tuned for more updates on promising stocks and market
trends!
