Volume Spurt Alert & 5,000 Multibagger Returns: Stock Under Rs 50 Zooms Over 15% in Just 1 Day

On Friday, shares of Mercury EV-Tech Ltd zoomed 15.54 per cent to an Intraday high of Rs 36.51 per share from its previous closing of Rs 31.60 per share. The stock’s 52-week high is Rs 87 per share and its 52-week low is Rs 29.95 per share. The stock is up by 22 per cent from its 52-week low of Rs 29.95 per share. The company has a market cap of over Rs 600 crore. The stock is up by 70 per cent in 3 years and has given multibagger returns of 5,000 per cent in 5 years.

Founded in 1986, Mercury EV-Tech Ltd. has emerged as a significant force in India's electric vehicle and renewable energy landscape, focusing on the "Aatma Nirbhar Bharat" mission through localised manufacturing. The company maintains a diverse portfolio that ranges from electric scooters and buses to specialised industrial and hospitality vehicles. Growth is being propelled by strategic moves such as the NCLT-approved merger with EV Nest and obtaining ICAT clearance for the "MUSHAK EV" goods carrier. To ensure long-term sustainability and technical independence, the firm is pursuing vertical integration by establishing a large-scale lithium-ion battery facility in Vadodara and expanding its retail presence throughout Gujarat.

Expansion efforts are further bolstered by targeted acquisitions and a growing regional footprint. By securing stakes in Traclaxx Tractors, Powermetz Energy and DC2 Mercury Cars, the company has integrated advanced battery technology and premium design into its operations, supporting popular models like the DLX and VOLTUS. Most recently, Mercury EV-Tech has signalled a major push into South India by opening three new showrooms in Tamil Nadu, located in Tiruvannamalai, Cuddalore and Chengalpattu. This expansion into the southern market is a key component of the company’s broader strategy to increase consumer accessibility and solidify its position as a leader in India’s transition to clean energy.

According to Quarterly Results, the net sales increased by 51 per cent to Rs 34.01 crore and net profit increased by 35 per cent to Rs 1.72 crore in Q2FY26 compared to Q1FY26. Looking at half-yearly results, the net sales increased by 142 per cent to Rs 56.58 crore and net profit increased by 43 per cent to Rs 2.99 crore in H1FY26 compared to H1FY26. In December 2025, FIIs bought 14,71,638 shares and increased their stake to 2.68 per cent compared to September 2025.

Disclaimer: The article is for informational purposes only and not investment advice.