Mercury Ev-Tech Share Price Surges 5% Even as Stock Market Today Trades Lower

Market Performance

The mood on Dalal Street turned cautious on Thursday as benchmark indices slipped into the red. But in the middle of this market weakness, one stock quietly stole the spotlight—Mercury Ev-Tech.

While broader markets faced selling pressure, Mercury Ev-Tech share price gained nearly 5% intraday, reflecting investor interest even on a day when sentiment was broadly negative.

• Intraday low: ₹48.50 per share
• Intraday high: ₹51.95 per share
• Market Capitalisation (as on August 28, 2025): ₹980.07 crore

This rally stands out because, despite the volatility in the stock market today, Mercury Ev-Tech managed to attract attention with its strong price action.

Main News – 8600% Rally in Five Years

Mercury Ev-Tech has been one of the biggest multibagger stories of the last decade. Over the past five years, the stock has delivered a jaw-dropping 8600% return, turning into a wealth creator for long-term investors.

Even though the stock has seen corrections in the short term—

• Down 1.09% in the last week
• Declined 16.17% in the last quarter
• Fell 31.66% over the past year

…the long-term trajectory continues to underline its multibagger journey.

Company Financial Performance

Mercury Ev-Tech recently declared its Q1 FY25-26 results (as of August 14, 2025), and the numbers highlight both growth and challenges.

• Revenue: ₹23.07 crore
• EBITDA: ₹2.62 crore
• Net Profit: ₹1.63 crore

The company has also shown strong improvement in its yearly and half-yearly performance:

• Yearly Net Sales Growth: 123.69%
• Yearly Operating Profit Growth: 84.22%
• Six-Month Net Sales: ₹53.25 crore (up 464.09%)
• Six-Month Profit After Tax: ₹3.53 crore (up 390.28%)

However, two key concerns continue to stand out:

• Debt to EBITDA Ratio: 9.32 times
• Return on Equity (ROE): 2.73%

These metrics indicate that while revenue and profit are expanding, the balance sheet still carries risks.

Company Details

Mercury Ev-Tech is not just another EV manufacturer—it positions itself as a complete EV solutions company.

Its operations extend beyond building electric vehicles, as the company also manufactures critical components:

• Batteries
• Chassis
• Motor controllers

It even runs a CED coating facility to support its manufacturing ecosystem.

The product lineup is diverse, ranging from two-wheelers and passenger vehicles to buses and loaders, placing the company firmly in the growing EV market.

Summary

On a day when the stock market today looked weak, Mercury Ev-Tech share price managed to shine with a 5% intraday jump. With a market cap of nearly ₹980 crore, the company’s growth journey is backed by impressive sales momentum, even though debt and low return ratios remain challenges.

The bigger story, however, lies in its 8600% rally over five years, making it one of the rare EV stocks to deliver such massive multibagger returns.