The shares of Wardwizard Innovations & Mobility are seen trading higher by ~14 percent on January 11, on an intraday basis. The shares of Wardwizard Innovations & Mobility saw a price volume breakout with a spurt in volume of 1.96 times on BSE, also pushing the stock to its fresh 52-week high.
Recently the company announced on bourses the unveiling of its 6 Concept Models of Electric Vehicles at the 10th Edition of Vibrant Gujarat Global Summit.
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Wardwizard Innovations & Mobility Ltd is one of the manufacturers of electric vehicles in India. The company showcased the concepts across the electric two-wheeler segment under the brand name "Joy e-bike” and the electric commercial vehicles segment under the banner of “Joy e-rik”, at the 10th Edition of Vibrant Gujarat Global Summit.
The company showcased two models of High-Speed Electric Scooters along with the concept models of four Electric Commercial Vehicles. The company also unveiled the next-gen hydrogen fuel cell and all electrolyzer technology during the event. Wardwizard Innovation & Mobility is one of the few companies available on bourses that is planning to adopt hydrogen technology to redefine the landscape of clean and efficient mobility in India.
Investors are reacting positively to the prospects of hydrogen technology adoption. The shares of Wardwizard Innovations & Mobility are up by 36 percent in one year and on a Year-To-Date basis the share is up by ~49 percent.
Wardwizard Innovations & Mobility shares will be in focus given the increased participation by the investors.
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