Introduction:
An emerging EV stock under ₹70 has taken a major leap in clean energy by setting up a 3.2 GW lithium-ion battery plant in Vadodara, signaling strong growth potential in India’s evolving green energy and electric mobility space.
Share Price movement of Mercury EV-Tech:
On April 15, 2025, Mercury EV-Tech Ltd opened at ₹59.00, reaching a high of ₹61.00, up 6.69% from the previous close of ₹56.99 and a low of ₹58.15. The stock is currently trading at ₹60.80, with a market cap of ₹1,153.14 Crores.
Mercury EV-Tech share price rise:
Mercury EV-Tech Limited, through its arm PowerMetz Energy, has launched a 3.2 GW lithium-ion battery plant in Vadodara. This project marks a big step in India’s energy journey, focusing on clean power and reducing dependence on imports.
The facility will make different types of batteries including LFP, NMC, Sodium-Ion, and Supercapacitors. These will serve electric vehicles, homes, industrial units, and the national grid. Machines from China will arrive by April-end, with trial runs starting mid-May.
Plans are in place for another 3.2 GW plant in South India. Site selection is underway, guided by the Vadodara unit’s results and future orders. The company aims to support India’s green energy goals with scale and technology.
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Recent news About Mercury EV-Tech:
Mercury EV-Tech made headlines after announcing plans to start pilot production at its Vadodara battery plant by mid-May, aiming to manufacture LFP, NMC, and Sodium-Ion batteries for EVs, grid storage, and industrial energy solutions.
Stock performance of Mercury EV-Tech for Period of 1 week, 6 months and 1 year:
Over the past week, Mercury EV-Tech stock showed a slight dip of 0.23%. In the last six months, it faced a sharp decline of 50.8%. Extending to one year, the stock has dropped significantly, registering a negative return of 31.5%.
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Shareholding pattern of Mercury EV-Tech:
| Summary | Dec-24 | Nov-24 | Sep-24 |
| Promoter | 59.20% | 59.20% | 62.10% |
| FII | 1.70% | 1.70% | 0.20% |
| DII | 0% | 0% | 0% |
| Public | 39.10% | 39.10% | 37.70% |
About Mercury EV-Tech:
Mercury EV-Tech Ltd (BSE: 531357)is focused on advancing India’s electric mobility and clean energy sectors. Through its subsidiary PowerMetz Energy, it manufactures next-gen lithium-ion batteries, aiming to support EVs, grid storage, and industrial power needs with scalable and innovative energy solutions.
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.
