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Mercury EV-Tech Ltd

NSE: BSE: 531357

39.85

(0.10%)

Wed, 23 Sept 2026, 11:32 am

Mercury EV-Tech News

Mercury EV-Tech Expands Dealer Network

Mercury EV-Tech appoints 100 new dealers in India and aims for 200 more by March 2027. GEDA clearance makes Gujarat customers eligible for subsidies.

11 Sept 2026

companies

Mercury EV-Tech promoter group sells 20 lakh shares

Shree Saibaba Exim Private Limited, a promoter group entity of Mercury EV-Tech Ltd, disposed of 20,00,000 equity shares on September 10, 2026. The stake reduced from 19.869% to 18.817%.

10 Sept 2026

companies

Mercury EV-Tech FY26 Results: Profit drops 55%

Mercury EV-Tech reported a 55% drop in consolidated net profit to ₹43.8 crore for FY26, despite revenue rising 14% to ₹1,020 crore. The decline was driven by higher operating costs and increased inventory buildup.

08 Sept 2026

companies

Mercury EV-Tech promoter group sells 52.45 lakh shares

Shree Saibaba Exim Private Limited, part of the promoter group of Mercury EV-Tech Limited, disposed of 52,45,000 equity shares on September 7 and 8, 2026. The stake reduction brings its holding from 22.63% to 19.87%.

08 Sept 2026

companies

Mercury Ev-Tech Gets GEDA Nod for Subsidised E-Rickshaws

Mercury Ev-Tech receives approval from GEDA to sell battery-powered e-rickshaws in Gujarat, making its products eligible for government subsidies in the state.

15 Jul 2026

companies

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Market Current News

AceVector Files DRHP for Digital Commerce IPO

AceVector Limited, parent of Snapdeal and Unicommerce, filed its DRHP. The company reported FY2026 revenue of ₹510.38 crore with losses narrowing to ₹45.51 crore.

22 Sept 2026

ipo

Orient Cables IPO: ₹552 Cr Issue; 33% Rev CAGR

Orient Cables (India) Limited files DRHP for a ₹552 crore IPO. The company reports a 33.45% revenue CAGR and holds ~22.9% market share in networking cables.

22 Sept 2026

ipo

German Green Steel DRHP: ₹226 Cr Capex

Gujarat-based German Green Steel & Power files DRHP for fresh issue. Proceeds fund capacity expansion and hybrid power plant. Revenue grew at 21.91% CAGR.

22 Sept 2026

ipo

Runwal Enterprises IPO: Mumbai's 3rd Largest Developer

Runwal Enterprises files DRHP for IPO. Revenue rose 78.5% to ₹1,798.95 Cr in FY26. Proceeds aim to reduce debt by ₹325 Cr.

22 Sept 2026

ipo

Green Asia Impex DRHP: ₹40 Cr Capex Plan

Frozen seafood exporter Green Asia Impex files DRHP for SME IPO. Fresh issue funds new processing facility. Revenue grew to ₹383.80 Cr in FY26, but operating cash flows remain negative.

22 Sept 2026

ipo

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