Mercury EV-Tech Ltd Experiences Notable Buying Surge Amid Sector Gains

Mar 05 2025 10:15 AM IST
share
Share Via
Mercury EV-Tech Ltd is experiencing notable buying activity, with a recent rise in stock price marking its second consecutive day of gains. Despite facing longer-term challenges, the stock has shown impressive growth over the past decade, reflecting a potential shift in market sentiment amid sector-wide gains.
Mercury EV-Tech Ltd is currently witnessing significant buying activity, with the stock rising by 4.99% today, outperforming the Sensex, which recorded a modest gain of 0.64%. This marks the second consecutive day of gains for Mercury EV-Tech, accumulating a total return of 9.61% over this period. The stock reached an intraday high of Rs 59.11, reflecting strong buyer interest.

Despite today's positive performance, the stock has faced challenges over the longer term, with a decline of 25.55% over the past month and 39.19% over the last three months. Year-to-date, it has decreased by 34.35%, contrasting sharply with the Sensex's decline of 5.99% during the same timeframe. However, over a ten-year horizon, Mercury EV-Tech has shown remarkable growth, boasting a staggering 1603.46% increase compared to the Sensex's 149.45%.

The current buying pressure may be attributed to sector-wide gains, as the trading sector has increased by 2.45%. Despite trading below key moving averages, the recent uptick in Mercury EV-Tech's stock price indicates a potential shift in market sentiment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News