Wardwizard Innovations & Mobility Ltd., one of India's leading manufacturers of electric vehicles under the brand name "Joy e-bike," announced that the company achieved remarkable sales figures in September '23, with 2,824 units of both low-speed and high-speed electric two-wheelers. This achievement represents an exceptional 89% growth compared to the company's sales in August '23, when it sold 1,496 units of electric two-wheelers.
During this month, Wardwizard Group welcomed Mr. Tejas A. Mehta as Group Chief Financial Officer, leveraging his two-decade financial leadership experience. Mr. Sanjay Sablok joins Wardwizard Innovations & Mobility Ltd. as the President of Operations, enhancing operational efficiency and growth initiatives. Additionally, Dr. John Joseph and Lt. General Jai Singh Nain (Retd) become Non-Executive Independent Directors, strengthening governance and strategic expertise. These appointments reflect Wardwizard's commitment to pioneering electric mobility solutions and excellence.
Shares of Wardwizard Innovations & Mobility Ltd was last trading in BSE at Rs. 39.80 as compared to the previous close of Rs. 38.33. The total number of shares traded during the day was 1697067 in over 5813 trades.
The stock hit an intraday high of Rs. 40.60 and intraday low of 38.05. The net turnover during the day was Rs. 67456539.00.