Multibagger Stock Delivers 16,200% Return in 5 Years, The Stock Is.....

Mercury EV Tech, a small-cap stock priced under ₹100, has soared by 3% following a major business update that underscores its commitment to clean energy transformation. The company announced the establishment of a 3.2 GW lithium-ion battery manufacturing facility in Vadodara, Gujarat, through its subsidiary PowerMetz Energy Pvt Ltd.  

 

This ambitious project positions Mercury EV Tech as a key player in India’s green energy revolution, with plans to expand its battery manufacturing capabilities to South India in the near future. The Vadodara facility will feature a fully automated high-capacity production line, adhering to global automation standards. The company’s innovative approach aims to enhance energy resilience and drive sustainable growth in the battery manufacturing industry.  

 

Mercury EV Tech’s stock performance reflects its remarkable journey, delivering a staggering 16,200% return over the past five years. The company’s focus on innovation, self-reliance, and vertical integration has solidified its reputation as a multibagger in the Indian equity market.  

 

Sources: Live Mint, Times Now Navbharat, MSN India