Upper Circuit Stock: Mukul Agrawal’s Holding Gains Rs 23,224,950 in a Day; Motilal Oswal Owns 1.65% in This E-Mobility Stock

DSIJ Intelligence/ 17 Apr 2026 /Categories: Mindshare, Trending

Upper Circuit Stock: Mukul Agrawal’s Holding Gains Rs 23,224,950 in a Day; Motilal Oswal Owns 1.65% in This E-Mobility Stock

Zelio E-Mobility share price rises 4.99 per cent; stock gains 40 per cent in three weeks, delivers 178 per cent yearly return with increased volumes and rising public shareholding

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On Friday, Indian markets traded on a positive note, with the Nifty 50 rising 0.33 per cent to 24,276.20, up 79.45 points from the previous close of 24,196.75. Amid this, Zelio E Mobility share price was trading at Rs 452.20 as of 02:12 PM, up 4.99 per cent from the previous close of Rs 437, with the stock locked in an Upper Circuit.

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The stock has delivered a strong performance in recent weeks, gaining around 40 per cent over the past three weeks.

Zelio E Mobility Share Price Performance and Volume

The stock has shown strong returns across multiple timeframes. It has gained 43.10 per cent over the past month, 97.81 per cent over the past six months, and 178.11 per cent over the past year.

The stock has traded in a 52-week range of Rs 154.90 to Rs 610.00. The company has a market capitalisation of Rs 956 crore.

Trading activity remained elevated, with volumes at 1.34 lakh shares, compared to its 20-day average of 53.85 thousand shares.

Zelio E-Mobility Shareholding Pattern

On a QoQ basis, promoter holding remained stable at 72.77 per cent. Foreign institutional investors (FIIs) holding declined from 3.42 per cent in September 2025 to 0.09 per cent in March 2026. Domestic institutional investors (DIIs) holding decreased from 10.89 per cent to 2.13 per cent over the same period. Public shareholding increased significantly from 12.92 per cent to 25.01 per cent.

Additionally, Motilal Oswal Financial Services Limited holds a 1.65 per cent stake, while Mukul Mahavir Agrawal holds a 7.25 per cent stake in the company.

About Zelio E-Mobility

Zelio E-Mobility Ltd is engaged in the manufacturing and distribution of electric vehicles, primarily focusing on electric two-wheelers and three-wheelers. The company operates in the rapidly growing electric mobility segment, catering to both personal and commercial transportation needs.

The company focuses on expanding its product portfolio and distribution network, aligning with the increasing adoption of electric vehicles in India. Its business model is supported by the rising demand for sustainable mobility solutions and government initiatives promoting electric vehicle adoption.