Stock Market Today: Small-cap stock under ₹50 gained 8% in the intraday trades on Wednesday despite volatility in the Indian stock market. Check details about Mercury EV-Tech here
Small-cap stock under ₹50 Mercury EV -Tech share price movement
Mercury EV-Tech share price opened at ₹48 on the BSE on Wednesday. At the time of opening, the Mercury EV-Tech share price was more than 5% higher compared to the previous day’s closing price of ₹45.56 on the BSE. The Mercury EV-Tech share price thereafter gained further to intraday highs of ₹49.60, which meant intraday gains of almost 9% for the small-cap stock under ₹50, the Mercury EV-Tech share price.
The gains for small-cap stock under ₹50 Mercury EV-Tech were on a day when the Indian stock market remained weak and the benchmark Sensex remained range-bound.
The small-cap stock under ₹50, Mercury EV-Tech, had dipped to 52-week lows of ₹45 on the Tuesday; however, it is seeing a sharp rebound.
The small-cap stock under ₹50, Mercury EV-Tech, though it may be down 50% year to date, is still up 8090% in the last 5 years. The small-cap stock under ₹50, Mercury EV-Tech, with multifold gains, has given multibagger returns to the investors.
Small-cap stock under ₹50: Mercury EV-Tech Q1 Results
Mercury EV-Tech had recently reported Q1 2025 net profits at ₹1.63 crore at the consolidated level. This marked more than threefold gains in the net profit from ₹0.48 crore in the year-ago quarter.
The revenue from operations for Mercury EV-Tech at ₹22.56 crore during the first quarter of fiscal year 2025-2026, or Q1FY26, marked a more than 5-fold rise compared to 3.87 crore in the year-ago quarter.
Mercury Ev-Tech Ltd., incorporated in 1986, is in the business of manufacturing and trading electric cars and other related renewable energy goods.
Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
