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News for India > Business > 8600% rally in five years! Multibagger EV stock jumps 5% despite stock market crash | Stock Market News
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8600% rally in five years! Multibagger EV stock jumps 5% despite stock market crash | Stock Market News

Last updated: August 28, 2025 10:49 am
4 months ago
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Shares of Mercury Ev-Tech rose by almost 5% on Thursday, while the benchmark indices experienced a decline that same day, following the implementation of an extra 25% punitive tariff on domestic imports. Analysts have cautioned that there may be short-term stress on the markets. 

As of August 28, 2025, Mercury Ev-Tech has a market capitalization of ₹980.07 crore. The company reported revenue of ₹23.07 crore, a net profit of ₹1.63 crore, and EBITD of ₹2.62 crore for the first quarter of FY25-26 as of August 14, 2025.

Over the last week, the stock has decreased by 1.09%. It has experienced a decline of 16.17% in the last quarter and a decrease of 31.66% over the past year. 

Recent reports indicate that the company has demonstrated significant growth metrics, with a yearly net sales increase of 123.69% and an operating profit rise of 84.22%. The most recent six-month data shows net sales of ₹53.25 crore, marking an impressive growth of 464.09%, while the profit after tax has surged by 390.28% to ₹3.53 crore. Nevertheless, the company is facing challenges related to its high Debt to EBITDA ratio of 9.32 times and a low return on equity of 2.73%, which could affect its financial stability in the future, as per reports. 



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TAGGED:growth metricsmarket capitalizationMercury EV-TechMultibagger EV stocknet profitpunitive tariffstock market crash
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