Stock Report

WardWizard dispatches 2,458 units of electric two-wheelers in July 2022

Posted On : 2022-08-02 13:42:41( TIMEZONE : IST )

WardWizard dispatches 2,458 units of electric two-wheelers in July 2022

WardWizard Innovations and Mobility Ltd, manufacturer of country's one of leading electric two-wheeler brand 'Joy e-bike', sold 2,458 units of electric two-wheelers in July 2022. With this, the company registered a year on year growth of 160% as compared to July 2021, when it had sold 945 units of electric two-wheelers.

Noteworthy, the company has already sold more than 10K (10,725) units of electric two wheelers in the first four months (April-July 2022) of this financial year, witnessing the growth of 263% as compared to same period (April-July 2021) of last financial year.

Speaking on the sales performance, Mr. Yatin Gupte, Chairman & Managing Director, Wardwizard Innovations & Mobility Ltd., said, "With the economy growing and with positive momentum in business operations, we are observing high engagement from the customers across all our touchpoints in the form of enquiries and bookings. In the first four months, we have already crossed the sales mark of 10k and with the festive season coming around, we are expecting the second quarter to grow at a much faster rate."

Shares of Wardwizard Innovations & Mobility Ltd was last trading in BSE at Rs. 60.80 as compared to the previous close of Rs. 61.50. The total number of shares traded during the day was 730388 in over 3230 trades.

The stock hit an intraday high of Rs. 63.40 and intraday low of 60.10. The net turnover during the day was Rs. 45255154.00.

Source : Equity Bulls


WardwizardInnovationsandMobility INE945P01024 July2022 SalesVolume ElectricTwoWheelers