Multibagger stock: This EV agency posts over 574% YoY progress in PAT – Details

Meanwhile, benchmark indices Sensex and Nifty rebounded sharply on Friday pushed by searching for in blue-chip IT shares and consumer objects principal ITC.

Mumbai:

BSE Smallcap agency Mercury Ev-Tech has launched financial outcomes for the quarter and financial 12 months ended on March 31, 2025. The company has reported a multifold rise in its net income. According to the information shared with the exchanges, the company has posted an online income of Rs 1.55 crore inside the fourth quarter of the FY25. This is a leap of spherical 574 per cent from 0.23 crore inside the corresponding quarter a 12 months up to now. Similarly, the revenue from operations elevated by 450 per cent in This fall to Rs 30.68 crore. It was Rs 5.57 crore within the equivalent quarter a 12 months up to now.  

For the full FY 2025, the EV agency’s net income surged by 297 per cent to Rs 7.91 crore. It was Rs 1.99 crore by means of the sooner financial 12 months. The agency’s product sales elevated by 307 per cent to Rs 89.64 crore from Rs 22.02 crore by means of the sooner 12 months ended March 2024.

Despite sturdy outcomes, shares of the company opened inside the purple within the current day at Rs 62.80 as in opposition to the sooner shut of Rs 63.15 on the BSE. However, it rebounded and hit the intraday extreme of Rs 64.98. 

The 52-week extreme of the stock is Rs 1139.20 and the 52-week low is Rs 51.24. The market cap of the company is Rs 1,213.36 crore.

The stock has given a multibagger return of 6767 per cent in three years and 223 per cent in two years. However, it has cored 12 per cent in a single 12 months and 32 per cent up to now this 12 months. 

Meanwhile, benchmark indices Sensex and Nifty rebounded sharply on Friday pushed by searching for in blue-chip IT shares and consumer objects principal ITC.

After a flat start to the commerce, the 30-share BSE benchmark gauge Sensex, bounced once more and jumped 953.18 components to 81,905.17 in late morning affords. The NSE Nifty surged 299.35 components to 24,909.05.

From the Sensex corporations, ITC, Eternal, Power Grid, Tech Mahindra, Infosys and HCL Tech had been among the many many largest gainers. Sun Pharma emerged because the one laggard. 

With PTI inputs

(This article is for informational capabilities solely and should not 

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