Mercury Ev-Tech Limited (Formerly known as Mercury Metals Limited) has received approval for production/selling of following vehicles from International Center for Automotive Technology (ICAT).
– E-Rickshaw – Passenger – 7.78 kw @ 2400 rpm – 7 persons seating capacity – 1050 /NA (Gvw/Load Capacity (KG))
– E-Cart – Loader – 7.78 kw @ 2400 rpm – 1 person seating capacity – 1050/488 (Gvw/Load Capacity (KG))
In furtherance of the approval received from the authority, this pivotal development marks a significant advancement for the company, as it opens up avenues for revenue generation and expansion. By introducing its product to consumers, the company anticipates not only meeting demand but also fostering growth and enhancing its overall business performance.
Shares of Mercury Metals Limited was last trading in BSE at Rs. 79.98 as compared to the previous close of Rs. 78.66. The total number of shares traded during the day was 295948 in over 1191 trades.
The stock hit an intraday high of Rs. 81.82 and intraday low of 77.50. The net turnover during the day was Rs. 23730863.00.
Source : Equity Bulls
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MercuryEvTech INE763M01028 ICAT Approval TwoVehicles Source Link
