WardWizard Innovations & Mobility strengthens the presence of Joy ebike in Gujarat to 98 dealerships

Aiming to take electric mobility closer to customers in Gujarat, WardWizard Innovations and Mobility Ltd (BSE Code: 538970) - one of the leading manufacturers of electric two-wheelers brand 'Joy e-bike' inaugurates 20 new dealerships in the state with sales and service facilities.

All the new dealerships will cater to the entire range of Joy-bike's electric scooters and motorcycles, creating a new experience for the customers. With these new dealers onboard, Joy e-bike is now present at all the prominent locations of Gujarat with a total strength of 98 dealerships.

Commenting on the expansion, Mrs. Sheetal Bhalerao, Chief Operation Officer, WardWizard Innovations and Mobility Ltd said, "The Company has a complete focus on expanding and come closer to make Joy e-bike's electric scooters and motorcycles easily available for the customers. With the support of the latest Gujarat Government's Electric Vehicle policy 2021, we aim to sell more than 10,000 electric two-wheelers and strengthen the presence with more than 100 dealerships in the state by the end of FY'22. Our new dealerships will cater to all the needs of the customers and assist them in selecting the best model as per their requirements".

Shares of WARDWIZARD INNOVATIONS AND MOBILITY LIMITED was last trading in BSE at Rs. 66.4 as compared to the previous close of Rs. 67.8. The total number of shares traded during the day was 34357 in over 491 trades.

The stock hit an intraday high of Rs. 69.5 and intraday low of 64.75. The net turnover during the day was Rs. 2278133.

Source : Equity Bulls

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