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28 Aug 2025

8600% rally in five years! Multibagger EV stock jumps 5% despite stock market crash

Mercury Ev-Tech shares rose nearly 5% despite a market decline and new tariffs. The company has a market cap of ₹980.07 crore, with significant growth in net sales and profit. However, it faces challenges with high debt and low return on equity.

8600% rally in five years! Multibagger EV stock jumps 5% despite stock market crash

Mercury Ev-Tech Defies Market Dip with 5% Surge

While benchmark indices took a dive on Thursday following a newly implemented 25% punitive tariff on domestic imports, Mercury Ev-Tech bucked the trend, experiencing a remarkable almost 5% share price increase. Analysts, however, warn of potential short-term market volatility.

A Closer Look at Mercury Ev-Tech (As of August 28, 2025):

Market Capitalization: ₹980.07 crore
Q1 FY25-26 Results (as of August 14, 2025):
- Revenue: ₹23.07 crore
- Net Profit: ₹1.63 crore
- EBITDA: ₹2.62 crore

Recent Stock Performance:

Last Week: -1.09%
Last Quarter: -16.17%
Last Year: -31.66%

Despite the recent dips, Mercury Ev-Tech boasts impressive growth figures:

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

Challenges Ahead:

Reports highlight concerns regarding the company's financial health, specifically:

High Debt to EBITDA Ratio: 9.32 times
Low Return on Equity: 2.73%

These factors could potentially impact Mercury Ev-Tech's long-term stability, according to analysts.