Wardwizard Innovations jumps on dispatching 1,496 Units of Electric two-wheelers in August
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Wardwizard Innovations & Mobility is currently trading at Rs. 43.73, up by 0.84 points or 1.96% from its previous closing of Rs. 42.89 on the BSE.
The scrip opened at Rs. 43.99 and has touched a high and low of Rs. 44.20 and Rs. 43.40 respectively. So far 922485 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 78.00 on 06-Dec-2022 and a 52 week low of Rs. 33.21 on 13-Jul-2023.
Last one week high and low of the scrip stood at Rs. 44.40 and Rs. 42.51 respectively. The current market cap of the company is Rs. 1140.01 crore.
The promoters holding in the company stood at 70.09%, while Non-Institutions held 29.91% stake in the company.
Wardwizard Innovations & Mobility has sold 1,496 units of low-speed and high-speed electric two-wheelers in August 2023. Furthermore, the company recorded a growth of 48% compared to July 2023 when it had sold 1,012 units of electric two-wheelers.
In August, the company took a bold stride towards the vision of establishing the EV Ancillary Cluster, sealing a pivotal, long-term OEM partnership with A&S Power. This alliance will drive groundbreaking Li-ion cell tech, shaping Joy e-bike as the nucleus of India's inaugural EV Ancillary Cluster in Gujarat.
Wardwizard Innovations and Mobility is an innovation-driven company which is India's First BSE listed EV manufacturing company.
