Wardwizard Innovations is currently trading at Rs. 57.00, up by 2.30 points or 4.20% from its previous closing of Rs. 54.70 on the BSE.
The scrip opened at Rs. 54.73 and has touched a high and low of Rs. 58.00 and Rs. 54.50 respectively. So far 3715890 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 70.50 on 21-Dec-2022 and a 52 week low of Rs. 33.21 on 13-Jul-2023.
Last one week high and low of the scrip stood at Rs. 58.15 and Rs. 54.50 respectively. The current market cap of the company is Rs. 1491.43 crore.
The promoters holding in the company stood at 70.45%, while Non-Institutions held 29.55% in the company.
Wardwizard Innovations & Mobility (WIML) has signed a Memorandum of Understanding (MoU) with BEEAH Group (BG), a globally recognized leader in sustainable waste management and co-owned by the Sharjah government in the UAE. This collaboration aims to promote the use of electric vehicles and contribute to environmental improvement across the GCC countries and African nations.
As a part of this strategic alliance, WIML and BEEAH Group will conduct technical and commercial feasibility studies for the production of two-wheelers, three-wheelers and battery-operated trucks, both small and large, in the UAE. As part of the MoU, BG will provide technology and other assistance to WIML to achieve renewable energy goals and leverage its network in the GCC and African nations to promote sales in those regions. This collaboration underscores a shared commitment to advancing the electric vehicle industry in GCC countries and African nations, in line with the governments' vision of enhancing green mobility.
Under this alliance, BEEAH and WIML will work together to promote green energy, sustainable waste management, and the use of renewables, aiming to improve the environment in GCC countries, African nations, and any other mutually agreed countries, for a better present and a more sustainable future.
Wardwizard Innovations and Mobility is an innovation-driven company which is India's First BSE listed EV manufacturing company.
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