On Wednesday, Mercury EV-Tech Ltd shares traded at Rs 82.51, a 36% increase from the 52-week low of Rs 64.32. The company has displayed exceptional growth year after year, providing returns of 335%-10,200%-24,815% multibagger over the period of 2, 3 and 5 years. The firm holds a market cap of over Rs 1,600 crore and continues to evolve within the electric vehicle (EV) market.

Mercury EV-Tech Ltd, via subsidiary DC2 Mercury Cars Private Limited participated in The Components Show of Auto Expo from Jan 17-22, 2025, held at Yash Bhoomi New Delhi. This was a landmark event for the firm as they launched two strong vehicles carefully crafted by the automotive designer, Dilip Chhabria.
The first unveiling was e-TANQ, an extraordinary electric, all-terrain vehicle with a goal to redefine urban mobility. Incorporating a powerful 180 kWh battery with 650 BHP, this vehicle stylishly meets the need for advanced engineering. It takes a courageous shift toward eco-friendly high-performance transportation, which is the core principle of Mercury EV-Tech.
A travelling automobile showroom is quite novel and unique to India. This luxurious mobile showroom called Europa was designed for Goldmedal Electricals which is a highlight of the current automobile industry. It has been constructed with cutting-edge technology and is available on wheels. It showcases the incredible artistry and advanced methods of DC2 Mercury Cars. Such an automobile is a sign of renewed creativity and practicality in the car manufacturing industry, the vehicle has helped redefine luxury.
In addition, the company launched an upgraded version of the battery-powered E-Rickshaw L5, which is a 3W 7-seater, which has been designed to comply with strict European specifications. This is an example of how Mercury EV-Tech aims to develop products that meet customers' expectations and offer standards.
During the occasion, the company noted how grateful they are to have been able to take part in the BMGE 2025 event. The company gushed, "We would like to thank everyone who is supporting and appreciating our creations and are looking forward to continuing further with our venture of changing everything about EVs as we know it."
The company has also received a lot of attraction from institutional investors. As of November 2024, Foreign Institutional Investors (FIIs) acquired an additional 30 lakh shares increasing their stake to 1.72% in September 2024.
Mercury EV-Tech Ltd, previously Mercury Metals Limited, has added electric scooters, electric cars, electric buses, vintage cars, and electric golf cars, thus becoming one of the leading manufacturers of EVs in India. The firm continues to be on a growth path with favorable figures reported for Q2FY25 and H1FY25.
The revelation at BMGE 2025 illustrates Mercury EV-Tech's commitment to new technologies, ecological responsibility, and maintaining a competitive edge globally, further entrenching its role in the dynamically changing electric car market.
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