Mumbai, August 20, 2025 — Mercury EV-Tech Ltd., a small-cap stock trading under ₹50, posted an impressive intraday gain of over 8% on Wednesday, defying the broader weakness in the Indian equity markets. The stock opened at ₹48 on the Bombay Stock Exchange (BSE), up more than 5% from its previous close of ₹45.56, and climbed to an intraday high of ₹49.60 before settling slightly lower by midday.
The rally comes despite a range-bound performance by benchmark indices, with the Sensex and Nifty showing limited movement amid global uncertainty and domestic macroeconomic concerns. Mercury EV-Tech’s rebound is particularly notable given that the stock had recently touched its 52-week low of ₹45 just a day earlier.
Founded in 1986, Mercury EV-Tech operates in the electric vehicle and renewable energy segment, manufacturing and trading electric cars and related products. The company’s recent Q1 FY26 financial results have likely contributed to renewed investor interest. Mercury EV-Tech reported a consolidated net profit of ₹1.63 crore, marking a more than threefold increase from ₹0.48 crore in the same quarter last year. Revenue from operations surged over fivefold to ₹22.56 crore, compared to ₹3.87 crore in Q1 FY25.
Despite being down nearly 50% year-to-date, Mercury EV-Tech has delivered multibagger returns over the past five years, with gains exceeding 8,000%. Analysts suggest that the stock’s long-term performance and recent earnings momentum may be driving speculative interest, even as broader market sentiment remains cautious.
Investors are advised to monitor the stock closely, given its volatility and the evolving dynamics of the EV sector. As always, market participants should consult certified financial advisors before making investment decisions.
