Wardwizard Innovations & Mobility Limited Dispatches 2,563 Units of Electric Two-Wheelers in November 2023

Wardwizard Innovations & Mobility Ltd., one of India's leading manufacturers of electric vehicles under the brand name "Joy e-bike," announced the company sales figures for November '23. The company has surged ahead by selling 2,563 units of low-speed and high-speed electric two-wheelers during the month, further solidifying its position as a key player in the electric mobility sector.

Notably, Wardwizard has achieved a significant milestone by surpassing 9,800 units, precisely selling 9,852 electric two-wheelers from August to November 2023. This outstanding accomplishment reflects the growing demand and trust in Wardwizard's electric vehicles.

In tandem with this sales, Wardwizard has embarked on a visionary expansion journey. In November alone, the brand celebrated the inauguration of over 100 exclusive distributor showrooms nationwide. Additionally, the company has strategically established 750+ touch points across India, exemplifying an unparalleled commitment to accessibility and customer service.

The rapid establishment of 100+ exclusive distributor showrooms within just six months underscores Wardwizard's dedication to enhancing its market presence and ensuring widespread availability of its innovative electric two-wheelers.

Shares of Wardwizard Innovations & Mobility Ltd was last trading in BSE at Rs. 56.70 as compared to the previous close of Rs. 54.27. The total number of shares traded during the day was 7485318 in over 16116 trades.

The stock hit an intraday high of Rs. 57.30 and intraday low of 53.83. The net turnover during the day was Rs. 418881381.00.

Source : Equity Bulls

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WardwizardInnovationsandMobility INE945P01024 Dispatches November2023 Electric TwoWheelers