Multibagger EV Stock Mercury EV-Tech Surges 15%, Delivers 5000%+ Returns in 5 Years
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News18•23-01-2026, 11:44
Multibagger EV Stock Mercury EV-Tech Surges 15%, Delivers 5000%+ Returns in 5 Years
- •Mercury EV-Tech, an EV manufacturer, saw its stock surge 15% recently, despite prior short-term weakness.
- •The small-cap stock, priced under ₹50, has delivered over 5000% returns in the last 5 years, showcasing strong long-term performance.
- •The company held its 39th AGM in Vadodara on December 15, 2025, approving key proposals including director re-appointment and auditor appointment.
- •Mercury EV-Tech reported strong Q2FY26 results with net sales up 51% to ₹34.01 crore and net profit up 35% to ₹1.72 crore.
- •The company, established in 1986, manufactures electric scooters, cars, buses, vintage cars, and golf carts, also offering customized EV solutions.
Why It Matters: Mercury EV-Tech stock surged 15%, demonstrating strong long-term growth with over 5000% returns in 5 years.
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