Wardwizard Innovations & Mobility Dispatches 1,496 Units of Electric TwoWheelers in August '23

Wardwizard Innovations & Mobility Ltd., one of India's leading manufacturers of electric vehicles under the brand name "Joy e-bike," Today, the company announced that it had sold 1,496 units of low-speed and high-speed electric two-wheelers in August '23. Furthermore, the company recorded a growth of 48% compared to July '23 when it had sold 1,012 units of electric two-wheelers.

In August, the company took a bold stride towards the vision of establishing the EV Ancillary Cluster, sealing a pivotal, long-term OEM partnership with A&S Power. This alliance will drive groundbreaking Li-ion cell tech, shaping Joy e-bike as the nucleus of India's inaugural EV Ancillary Cluster in Gujarat.

In a testament to its commitment to sustainability, Wardwizard proudly unveiled the 'Joy e-bike Cup' as the Title Sponsor for the India Tour of Ireland 2023, forging a union between sports and the company's ethos. At Dublin's Malahide Cricket Club Ground, the company showcased 'Mihos,' a 'Made in India' product by Joy e-bike. Additionally, Wardwizard welcomed Mr. Tarun Sharma as the President of Marketing and Branding, reinforcing the strategic market planning for unparalleled effectiveness. In addition, the Company also associated as the EV Partner of the Aaj Tak G20 Summit ahead of the G20 Summit, comprehending its commitment towards sustainable mobility. These initiatives epitomize the company's unwavering pursuit of excellence and sustainability.

Shares of Wardwizard Innovations & Mobility Ltd was last trading in BSE at Rs. 42.89 as compared to the previous close of Rs. 43.16. The total number of shares traded during the day was 967267 in over 4805 trades.

The stock hit an intraday high of Rs. 43.34 and intraday low of 42.70. The net turnover during the day was Rs. 41511532.00.

Source : Equity Bulls

Keywords

WardwizardInnovationsandMobility INE945P01024 ElectricTwoWheelers