WardWizard Innovations and Mobility surges on logging 702% sales growth in FY22
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Wardwizard Innovations & Mobility is currently trading at Rs. 78.60, up by 1.75 points or 2.28% from its previous closing of Rs. 76.85 on the BSE.
The scrip opened at Rs. 77.90 and has touched a high and low of Rs. 81.00 and Rs. 77.00 respectively. So far 817120 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 100.70 on 17-Jan-2022 and a 52 week low of Rs. 58.98 on 12-Aug-2021.
Last one week high and low of the scrip stood at Rs. 85.50 and Rs. 73.00 respectively. The current market cap of the company is Rs. 2076.46 crore.
The promoters holding in the company stood at 71.64%, while Institutions and Non-Institutions held 0.04% and 28.33% respectively.
WardWizard Innovations and Mobility has closed the fiscal year (FY22) with the highest-ever sales of 30,761 units, registering a growth of 702% amidst all the challenges. The company had sold 3,834 units of electric two-wheelers in FY21.
Continuing with the strong sales performance with its popular range of electric two-wheelers, the company clocked sales of 5,020 units in March 2022, registering a growth of 328%, as compared to March 2021, when the company had sold 1,174 units of electric two-wheelers.
Wardwizard Innovations and Mobility is an innovation-driven company which is India's First BSE listed EV manufacturing company.
