Mercury EV-Tech Ltd

Mercury EV-Tech's stock price reached a new 52-week low of Rs.37 today, marking a significant decline amid broader market fluctuations and sector underperformance. The stock has been trading below all major moving averages, reflecting persistent downward momentum over recent sessions.

Mercury EV-Tech’s shares reached a new 52-week low of Rs.37 today, marking a significant decline amid broader market fluctuations and sector underperformance. The stock has experienced a continued downward trend over the past two days, reflecting ongoing challenges within the automobile sector and company-specific valuation concerns.

Mercury EV-Tech Ltd., an Ahmedabad-based electric vehicle manufacturer, reported consolidated net profit of ₹1.72 crores for Q2 FY26, marking a 7.50% year-on-year increase but reflecting a sharp 35.43% sequential jump. The micro-cap company with a market capitalisation of ₹725 crores continues to demonstrate impressive top-line momentum, posting net sales of ₹34.01 crores—up 74.59% year-on-year and 50.69% quarter-on-quarter. However, the stock has faced severe headwinds, plunging 61.86% over the past year and currently trading at ₹38.52, significantly below its 52-week high of ₹105.10.

Mercury EV-Tech has reached a 52-week low, reflecting a significant decline in stock performance and high volatility. Despite this, the company reported impressive growth in net sales and operating profit over the past year, with consecutive positive results for the last four quarters.

Mercury EV-Tech, a microcap automobile company, is experiencing a technical trend adjustment amid market challenges, with a notable one-year return of -57.55%. Despite recent bearish indicators, the company has shown strong long-term resilience, achieving a remarkable three-year return of 586.42%, significantly outperforming the Sensex.

Mercury EV-Tech, a microcap automobile company, has recently revised its evaluation amid market fluctuations. The stock has shown significant volatility over the past year, with a notable decline year-to-date. However, it has demonstrated impressive growth over the past three years, outperforming the broader market index.

Mercury EV-Tech, a microcap automobile company, is experiencing a challenging market environment, with bearish technical indicators and significant declines over the past year and year-to-date. Despite recent struggles, the company has shown remarkable long-term growth, outperforming the Sensex over the past three years. The stock remains volatile.

Mercury EV-Tech, a microcap automobile company, has experienced notable stock volatility, with a current price of 42.26. Despite recent challenges and underperformance compared to the Sensex, the company has shown impressive long-term growth over three years, indicating potential resilience in the market.