Mercury Ev-Tech Share Price Jumps 7% as Smallcap EV Stock Sees Strong Buying Despite Weak Market Mood

Market Performance

Mercury Ev-Tech share price today managed to stand out in a market that struggled to find direction. While key indices stayed under pressure, the smallcap EV stock moved the other way and drew attention with a sharp intraday spike.

The stock rallied more than 7%, climbing to ₹45 on the BSE. In a session where major benchmarks slipped, this move highlighted the kind of buying interest Mercury Ev-Tech shares continue to command, even after a long stretch of weakness.

But the broader trend tells a different story. Mercury Ev-Tech share price has been in a steady downward slide over the past year, pushing it into the high-risk, high-volatility zone of smallcap stocks.

Share Price Performance Snapshot

• 1 month: Down 7%
• 3 months: Down 12%
• 6 months: Down 32%
• YTD: Down 54%
• 1 year: Down more than 60%

At the same time, the long-term chart tells a contrasting story of its own—one that often defines multibagger smallcap stocks. Mercury Ev-Tech shares have delivered extraordinary returns over multiple years.

Long-Term Return Details

• 3-year return: 750%
• 5-year return: 7,340%

The combination of deep corrections and massive long-term gains keeps Mercury Ev-Tech stock price firmly in focus for investors tracking volatile smallcap multibagger stocks.

Main News

The key update driving attention today came from a regulatory filing. Mercury Ev-Tech announced the resignation of its Company Secretary and Compliance Officer, Charmy Milind Joshi.

She submitted her resignation through a letter dated October 30, 2025. As per the filing, she will continue in her role until the closing hours of November 24, 2025.

This development added a fresh headline for the stock at a time when Mercury Ev-Tech share price has been battling persistent selling pressure across recent months.

Company Details

Mercury Ev-Tech operates in the core electric vehicle ecosystem, a sector that continues to evolve rapidly in India. The company manufactures a wide range of EVs—from electric three-wheelers to commercial vehicles and industrial fleets.

Its capabilities go beyond assembly. Mercury Ev-Tech also produces essential EV components such as:

• Battery systems
• Chassis
• Motor controllers

This integrated structure keeps Mercury Ev-Tech positioned as a notable player within the expanding EV supply chain, especially within the smallcap stocks space.

Summary

Mercury Ev-Tech share price today delivered a rare bright spot in a weak market, jumping over 7% to ₹45. The move came even as the broader indices slipped, highlighting the sharp buying interest in this smallcap EV stock.

Short-term performance remains muted, with declines of 7%, 12%, and 32% over the past 1, 3, and 6 months. The YTD fall of 54% and more than 60% drop in one year reflect sustained pressure.

However, the long-term trajectory still stands out, with the stock delivering 750% gains in three years and 7,340% over five years—making it one of the notable multibagger smallcap stocks in the EV space.

The latest update on the Company Secretary’s resignation adds another layer to the company’s ongoing developments. With its EV portfolio and in-house component manufacturing capabilities, Mercury Ev-Tech continues to be a name that investors closely track across the electric vehicle segment.