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EV stock under ₹30 jumps 4% after it deploys 400 EV 2 wheelers in Kolkata, Pune, and Ahmedabad

Prominent EV manufacturer expands operations, deploying 400 e-scooters in key cities, introducing electric three-wheelers for ride-hailing, and strengthening charging infrastructure through strategic partnerships to enhance sustainable mobility solutions.
EV stock under ₹30 surges 4% as it deploys 400 electric two-wheelers in Kolkata, Pune, Ahmedabad.
EV stock under ₹30 surges 4% as it deploys 400 electric two-wheelers in Kolkata, Pune, Ahmedabad.

Introduction:

Leading EV manufacturer expands its fleet by deploying 400 electric two-wheelers in Kolkata, Pune, and Ahmedabad. Strengthening last-mile delivery and ride-hailing, it also enhances charging infrastructure through key partnerships, reinforcing its commitment to sustainable mobility solutions.

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Also Read: Defence stock jumps after receiving order worth ₹4,362 Cr from Indian armed forces

Share price movement of Wardwizard Innovations:

On March 27, 2025, Wardwizard Innovations & Mobility Ltd opened at ₹20.19, up 0.40% from its previous close of ₹20.11. The stock hit a high of ₹21.10 (4.92%) and a low of ₹19.22. By 10:05 AM, it traded at ₹19.42 with a market cap of ₹506.27 crore.

Wardwizard Expands EV Fleet Nationwide:

In collaboration with SpeedForcEV, Wardwizard Innovations & Mobility Limited has installed 400 electric two-wheelers in Ahmedabad, Pune, and Kolkata. After the successful launch of 100 e-scooters in Hyderabad, this expansion improves fleet operations and last-mile delivery.

In Maharashtra, Wardwizard will launch 200 L5 electric three-wheelers for ride-hailing services in partnership with SpeedForcEV and Cabeys. Its collaboration with AmpVolts will also strengthen EV charging infrastructure. It guarantees smooth operations and an enhanced ecosystem for sustainable electric mobility.

Stock performance of Wardwizard Innovations for Period of 1 week, 6 months, and 1 year:

Wardwizard Innovations & Mobility Ltd delivered a -12.8% return over the past week and declined by 59.8% in the past six months. The stock dropped 64.8% over the past year.

Also Read: Steel stock jumps 4% after receiving certificate for EV buses

Shareholding pattern of Wardwizard Innovations:

ParticularsDec 2024Sep 2024Jun 2024
Promoter51.50%54.50%58.60%
FII0%0%0%
DII0%0%0%
Public48.50%45.50%41.40%
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About Wardwizard Innovations:

Wardwizard Innovations & Mobility Limited (BSE: 538970) is a leading EV manufacturer in India under the Joy e-bike and Joy e-rik brands. It offers eco-friendly mobility solutions with 10+ models, operating in 400+ cities nationwide.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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