Mercury Ev-Tech, a multi-bagger stock in the Indian share market, has given bumper returns to its investors in a very short period of time. Despite the share market being very volatile, this stock has continued to generate good returns for its investors. Here are some key highlights of the company and its performance:
Investors received 25 times returns: Mercury Ev-Tech Limited is a company engaged in the manufacturing sector of electric vehicles in India. The company’s plan is to create a large range of electric vehicles. In the past one year, the company’s stock has given its investors returns of 2,579.59%, which means if someone had invested a year ago, they would have received more than 25 times the money invested. At the time of writing this article, the stock was trading at Rs. 26.26 per share, up from 98 paise a year ago.
Stock price performance in the past year: The stock price of Mercury Ev-Tech has been on the rise in the past year. The stock was trading at 98 paise on 20th June 2022, which increased to Rs. 2.44 by July 2022, Rs. 5.24 by August 2022, and Rs. 8.79 by September 2022. However, there was a slight dip in October and November 2022 before it started rising again.
Recent price surge: In the past month, the stock has seen a surge of 38% in its price. On 20th December 2022, the stock was trading at Rs. 12.05 per share, which rose to Rs. 26.26 per share by 3rd February 2023. In the past five days alone, the stock has risen by 22%.
Market capitalization: The market capitalization of Mercury Ev-Tech is approximately Rs. 438 crore.
Investors are advised to seek advice from market experts before investing in the stock market.
In conclusion, Mercury Ev-Tech has been performing well in the Indian share market, generating significant returns for its investors in a short period of time. The company’s focus on the electric vehicle sector is a promising sign for the future.
Follow DelhiBreakings on Google News
Superfast News Coverage by DelhiBreakings.com team.
For Superfast national news and Delhi Breaking Stories visit us daily at https://delhibreakings.com