Wardwizard Innovations & Mobility Ltd., one of India's leading manufacturers of electric vehicles under the brand name "Joy e-bike', announced its cumulative sales figure for the month of April and May 2023. During this period, the company has successfully sold 993 units of electric two and three-wheelers.
As a part of its restructuring of the distribution-dealer model, the company inaugurated an exclusive distributor showroom in Jaipur. Operating under the banner of Dreamz EV World, the showroom represents the company's first step towards strengthening relationships with talukalevel dealers.
In a significant move, the company has entered into a memorandum of understanding (MoU) with the Dogra Regiment, and established the Wardwizard's EV Centre of Excellence at Dogra Regimental Centre in Ayodhya Cantt, Faizabad, Uttar Pradesh. This strategic collaboration aims to empower the "Agniveers" and also other retired army officers through the transformative journey of Joy E-bike.
Shares of Wardwizard Innovations & Mobility Ltd was last trading in BSE at Rs. 48.22 as compared to the previous close of Rs. 48.69. The total number of shares traded during the day was 109539 in over 1484 trades.
The stock hit an intraday high of Rs. 48.90 and intraday low of 48.10. The net turnover during the day was Rs. 5301373.00.