Mercury Ev-Tech Ltd is steadily carving a niche in India’s evolving electric vehicle (EV) space. As the demand for clean mobility and electric transport solutions rises, this emerging player is gaining attention for its growth potential. Investors and market watchers are closely analyzing Mercury Ev-Tech Ltd’s share price trajectory from 2025 to 2030, especially in light of the increasing buzz around EV adoption in India.
In this informative blog, we provide Mercury Ev-Tech Ltd Share Price Target from 2025 to 2030, today’s market overview, and forecasted future growth with expert insights. This will help investors assess whether Mercury Ev-Tech Ltd is worth adding to their long-term portfolio.
Current Stock Details of Mercury Ev-Tech Ltd
Before exploring the share price predictions, let’s look at the latest available stock details of Mercury Ev-Tech Ltd, sourced from Moneycontrol and Screener.in:
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Open: ₹60.69
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Previous Close: ₹60.16
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Volume: 177,672
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Market Capitalization: ₹1,111 Crores
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52-Week High: ₹139.20
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52-Week Low: ₹51.24
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Face Value: ₹1.00
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Book Value Per Share: ₹4.27
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Beta: 0.78
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All-Time High: ₹143.80
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All-Time Low: ₹0.33
Mercury Ev-Tech Ltd Share Price Target Forecasts from 2025 to 2030
Based on current valuations, market dynamics, and future expectations of the EV sector, here are the projected share price targets for Mercury Ev-Tech Ltd:
Year | Share Price Target (₹) |
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2025 | 62 – 75 |
2026 | 70 – 88 |
2027 | 82 – 102 |
2028 | 96 – 120 |
2029 | 110 – 138 |
2030 | 125 – 155 |
These projections are based on Mercury Ev-Tech’s gradual rise in the EV industry, strong promoter backing, and increasing investor interest in green mobility.
Analysis of Mercury Ev-Tech Ltd Share Price Targets
Mercury Ev-Tech Ltd Share Price Target 2025
In 2025, Mercury Ev-Tech Ltd is expected to achieve a price range of ₹62 to ₹75. This is driven by:
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Rising adoption of EVs across urban and semi-urban India.
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Market recognition of Mercury's product innovations and affordable mobility solutions.
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Robust promoter holding of 59.18%, which reflects trust and control over operations.
Mercury Ev-Tech Ltd Share Price Target 2026
For 2026, the share price could rise to ₹70 – ₹88 owing to:
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Government subsidies and policy support for EV startups.
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Expansion of sales channels and after-sales service.
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Foreign Institutional Investors (FIIs) gradually entering (currently holding 1.69%).
Mercury Ev-Tech Ltd Share Price Target 2027
In 2027, Mercury Ev-Tech Ltd’s share price may climb to ₹82 – ₹102 as:
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The company strengthens its position in tier-2 and tier-3 markets.
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Improved manufacturing capacity to meet rising demand.
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Strategic tie-ups with battery and motor tech partners.
Mercury Ev-Tech Ltd Share Price Target 2028
Mercury Ev-Tech Ltd is projected to reach ₹96 – ₹120 in 2028 due to:
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Launch of new models tailored for delivery, fleet, and utility vehicles.
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Brand recall due to early presence in budget EV segments.
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Rising retail investor interest (Retail & Others currently hold 39.13%).
Mercury Ev-Tech Ltd Share Price Target 2029
In 2029, the company’s valuation could grow to ₹110 – ₹138 based on:
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Export potential to developing EV markets in Southeast Asia and Africa.
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Improved financials and profitability outlook.
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Scalability through franchise-based service networks.
Mercury Ev-Tech Ltd Share Price Target 2030
By 2030, Mercury Ev-Tech Ltd could reach a share price range of ₹125 – ₹155, assuming:
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India’s EV penetration exceeds 25%, boosting small-cap EV firms.
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Technological upgrades and new energy innovations.
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Sustained brand loyalty and eco-conscious consumer behavior.
Revenue Structure for Mercury Ev-Tech Ltd (Past Performance)
Fiscal Year | Revenue (₹ Crores) | Net Profit (₹ Crores) |
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FY23 | 60 | 4.5 |
FY24 | 85 | 6.8 |
Note: Figures are estimated for illustration purposes.
Factors Affecting Mercury Ev-Tech Ltd's Growth in Share Prices
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EV Industry Growth: As the sector grows, Mercury Ev-Tech benefits from being an early mover in electric two and three-wheelers.
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Government Push: Schemes like FAME II and state-level EV policies support production and sales.
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Promoter Strength: The 59.18% promoter holding instills investor confidence and shows long-term commitment.
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Retail Enthusiasm: High retail participation (39.13%) shows ground-level investor belief in the stock.
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Low Beta (0.78): Indicates relatively lower volatility, attractive for conservative EV investors.
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Value Investing: Low book value per share (₹4.27) compared to market price indicates potential for long-term value appreciation.
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Affordable Price Point: Trading near ₹60 makes it a budget-friendly bet on the electric revolution.
FAQs on Mercury Ev-Tech Ltd Share Price Target
Q1: What is the Mercury Ev-Tech Ltd share price target for 2025?
The stock is expected to range between ₹62 and ₹75 in 2025.
Q2: What is Mercury Ev-Tech Ltd's share price target for 2030?
By 2030, the target is projected between ₹125 and ₹155.
Q3: What are the key drivers for Mercury Ev-Tech’s share growth?
Electric mobility growth, strong promoter stake, favorable EV policies, and rising retail interest.
Q4: What are the potential risks for investors?
Being a small-cap, risks include EV sector competition, regulatory changes, and execution capability.
Conclusion
Mercury Ev-Tech Ltd is an emerging EV stock with promising long-term potential. Between 2025 and 2030, it is poised to grow steadily with share prices expected to double, provided the EV sector continues its upward momentum. With a strong promoter base, increasing government support, and affordable product offerings, Mercury Ev-Tech could turn into a rewarding small-cap EV investment.
As always, investors should consider both opportunities and risks before investing, and keep track of the company’s quarterly results and product roadmap. The electric future is near—and Mercury Ev-Tech Ltd might just ride the wave to the top.