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Mercury Ev-Tech was founded by Mr. Kavit Thakkar in 1986. Mercury Ev-Tech is an Indian company which manufactures electric vehicles such as scooters, cars, vintage cars, buses and golf carts. They also make customized electric vehicles for various purposes such as hotels, clubs, industries, golf courses, and many more. They have their own manufacturing facility where they produce various necessary components such as batteries and chassis
Here, we will be covering the key factors influencing the Mercury EV Tech share price target for 2025 and beyond, as well as the annual financial performance.
Table of Contents
Mercury EV Tech Share Price Target 2025
Discover the Mercury EV Tech Share Price Target for 2025 with monthly projections. From a minimum of ₹44.43 to a maximum of ₹199.00, explore the potential price trends throughout the year. Stay updated on Mercury EV Tech’s stock performance and its growth in the EV industry.
|
Month (2025) |
Maximum Target |
MinimumTarget |
|
January |
Rs 116.53 |
Rs 44.43 |
|
February |
Rs 122.98 |
Rs 46.53 |
|
March |
Rs 130.70 |
Rs 46.68 |
|
April |
Rs 139.00 |
Rs 48.00 |
|
May |
Rs 147.12 |
Rs 49.75 |
|
June |
Rs 157.33 |
Rs 50.10 |
|
July |
Rs 165.00 |
Rs 52.30 |
|
August |
Rs 170.66 |
Rs 53.21 |
|
September |
Rs 176.65 |
Rs 54.96 |
|
October |
Rs 185.83 |
Rs 54.37 |
|
November |
Rs 192.94 |
Rs 55.54 |
|
December |
Rs 199.00 |
Rs 57.90 |
Mercury EV Tech Share Price Target 2026 to 2030
Explore Mercury EV Tech Share Price Target from 2026 to 2030 with detailed yearly projections. Targets range from a minimum of ₹59.61 in 2026 to a maximum of ₹558.66 in 2030. Stay informed about Mercury EV Tech’s potential growth in the evolving EV industry.
|
Year |
Maximum Target |
MinimumTarget |
|
2026 |
Rs 265.10 |
Rs 59.61 |
|
2027 |
Rs 341.70 |
Rs 73.57 |
|
2028 |
Rs 415.53 |
Rs 86.06 |
|
2029 |
Rs 500.95 |
Rs 99.66 |
|
2030 |
Rs 558.66 |
Rs 112.43 |
Mercury EV Tech Ltd Competitors
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Mercury EV Tech (m-cap: 1162 cr INR)
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Maruti Suzuki m-cap: 383579 cr INR
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M & M m-cap: 333,116 cr INR
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Hind Motors m-cap: 731 cr INR
Points to consider before investing in Mercury EV Tech BSE Stock
-
Demand for custom electric vehicles (EVs) in sectors like hospitality, golf courses, clubs, and resorts in India is rapidly growing. The leisure industry offers significant growth potential for Indian entrepreneurs. EVs are also gaining attention from investors, with stocks in this sector showing strong performance. Mercury EV Tech's focus on custom EV manufacturing has been a game-change with its stock recently experiencing a sharp rise.
-
The company’s financial health is solid, with revenues reaching ₹160.97M and net income hitting ₹12.90M—massive increases of 1,200% and 458% respectively.
Conclusion - Mercury EV Tech Shares
Mercury EV Tech shares have shown incredible growth on the Bombay Stock Exchange with a rise of over 20,000%. The recent 12-month surge in its stock price highlights the company’s potential in the EV market. However, after reaching an all-time high of ₹136 per share on December 12, 2023, the stock has dropped significantly marking a 100% decline.
As the EV industry continues to evolve, it will be interesting to see how the stock performs in the future. Investors excited about the EV sector should be cautious as over-optimism can lead to mistakes. Stock markets come with risks so it essential to assess your risk tolerance and thoroughly research before investing.
FAQs
Disclaimer:
- The information is based on our understanding of the stock's historical performance.
- Stock market predictions are unpredictable and can change, so expert advice is strongly recommended before investing.
- The values provided are based on predictions and may not be accurate, we recommend verifying the information with other sources.
- For further inquiries about the stock market, please contact us via email
