Wardwizard Innovations zooms on dispatching more electric three-wheelers to Philippines
Wardwizard Innovations & Mobility is currently trading at Rs. 31.04, up by 1.48 points or 5.01% from its previous closing of Rs. 29.56 on the BSE.
The scrip opened at Rs. 29.35 and has touched a high and low of Rs. 31.50 and Rs. 28.55 respectively. So far 3120514 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 75.25 on 11-Jun-2024 and a 52 week low of Rs. 22.50 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 32.15 and Rs. 23.80 respectively. The current market cap of the company is Rs. 813.89 crore.
The promoters holding in the company stood at 51.49%, while Institutions and Non-Institutions held 0 48.51% stake in the company.
Wardwizard Innovations & Mobility (WIML) has taken another significant step in its $1.29 billion partnership with Beulah International Development Corporation. The company has successfully dispatched four additional customized electric three-wheelers to the Philippines for testing, ensuring their suitability for the local market. This follows the initial shipment of the e-Trike (Driver + 10) in the third quarter of FY 24-25, reinforcing Wardwizard’s commitment to transforming public transportation in the Philippines with sustainable mobility solutions.
The company has dispatched electric three-wheelers which have been designed to meet the specific needs of public and commercial transport in the Philippines. The lineup includes Model 1 (Light Version) with a Driver + 2 +3 seating for urban commutes, Model 2 (Heavy Version) with Driver + 3+3 seating for higher passenger capacity, and Model 3 with a Driver + 6 (3+3 facing) configuration for shared mobility. Additionally, a three-wheeler Cargo/Loader has been sent to support sustainable logistics. These vehicles will undergo comprehensive testing to ensure compliance with local transportation standards and regulations set by the Philippine Government, assessing their suitability for the local market.
Wardwizard Innovations & Mobility is an innovation-driven company which is India's First BSE listed EV manufacturing company.
