By Admin 
Small Cap Multibagger Stock: A decline is being seen in the Indian stock market on the trading day of 23 January. Both the major benchmark indices BSE Sensex and Nifty 50 are trading in the red. Despite the decline in the stock market, a small-cap stock has given investors an opportunity to earn strong returns.
Mercury Ev-Tech company shares have registered a rise of about 15 percent on Friday. Let us know about this multibagger stock…..
long term multibagger stock
Mercury Ev-Tech has given multibagger returns of over 5000 percent to investors in the small-cap EV sector in the last five years. Which makes it included in the list of stocks performing well in the long term. Currently this stock is trading below Rs 40. But company shares have filled investors’ pockets in the long run.
However, the stock’s performance has been weak in the short term. This stock has fallen by 58 percent in the last one year. Talking about the data of the last few months, shares have disappointed investors during this period. The shares have registered a decline of 30 percent in the last six months.
The stock has slipped 21 percent in the last three months. Despite the fluctuations in shares, they are still attracting the attention of investors in terms of long-term returns.
Strong financial results
The company has given positive indications from its performance in the current financial year. In the second quarter of the financial year 2026, the company’s net sales increased by 51 percent and reached Rs 34.01 crore. At the same time, compared to the first quarter, the net profit has also increased by 35 percent. Which shows better financial position of the company.
Company’s condition in stock market
There was a tremendous rise in the shares of Mercury Ev-Tech company on BSE at around 1:30 pm on Friday, January 23. Company shares were trading at Rs 35.91 with a rise of 13.64 percent or Rs 4.31.
The shares started the day at Rs 33. The intraday high of shares was Rs 36.51. Talking about the 52-week high level, during this period the company shares had touched the figure of Rs 87. At the same time, the 52 week low level was Rs 29.95. The total market cap of the company is more than Rs 680 crore.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
Also read: Gold and silver on MCX at record high, gold crosses Rs 1.59 lakh due to bumper investment in gold ETF, silver also shines