Mercury EV Tech Ltd Stock Price Today (NSE: MERCURYEV)
Fundamental Score
Mercury EV Tech Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Mercury EV Tech Ltd share price today is ₹30.26, down 0.82% on NSE/BSE as of 25 May 2026. Mercury EV Tech Ltd (MERCURYEV) is a Small-cap company in the Passenger Cars & Utility Vehicles sector with a market capitalisation of ₹759.70 (Cr). The 52-week high for MERCURYEV share price is ₹66.29 and the 52-week low is ₹20.00. At a P/E ratio of 86.13x, MERCURYEV is currently trading above its industry average P/E of 34.48x. The company has a Return on Equity (ROE) of 4.18% and a debt-to-equity ratio of 0.03.
Mercury EV Tech Ltd Share Price Chart — NSE/BSE Historical Performance
Mercury EV Tech Ltd share price chart: -11.83% return over the past month. 52-week high ₹66.29, 52-week low ₹20.00.
Mercury EV Tech Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹30.49 | ₹30.52 | ₹29.50 | ₹30.26 | 57.78K (Cr) | |
| ₹30.37 | ₹30.76 | ₹29.20 | ₹30.51 | 64.87K (Cr) | |
| ₹29.30 | ₹30.69 | ₹29.01 | ₹30.37 | 1.19L (Cr) | |
| ₹29.00 | ₹29.60 | ₹29.00 | ₹29.30 | 81.60K (Cr) | |
| ₹29.51 | ₹29.94 | ₹28.51 | ₹29.20 | 87.32K (Cr) | |
| ₹30.95 | ₹30.95 | ₹29.53 | ₹29.74 | 93.39K (Cr) | |
| ₹30.24 | ₹31.00 | ₹30.03 | ₹30.92 | 1.08L (Cr) | |
| ₹31.60 | ₹31.60 | ₹30.00 | ₹30.94 | 1.65L (Cr) | |
| ₹32.20 | ₹32.20 | ₹31.15 | ₹31.23 | 1.55L (Cr) | |
| ₹32.75 | ₹32.75 | ₹31.11 | ₹31.62 | 87.89K (Cr) |
Mercury EV Tech Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹31.41 | ₹32.89 | ₹28.51 | ₹30.26 | -3.66% | |
| ₹22.00 | ₹36.74 | ₹21.20 | ₹31.41 | +42.77% | |
| ₹30.60 | ₹35.00 | ₹20.00 | ₹20.33 | -33.56% | |
| ₹38.97 | ₹41.55 | ₹32.00 | ₹32.85 | -15.70% | |
| ₹36.96 | ₹45.00 | ₹29.95 | ₹37.86 | +2.44% | |
| ₹40.56 | ₹41.75 | ₹36.00 | ₹37.01 | -8.75% | |
| ₹44.99 | ₹44.99 | ₹36.90 | ₹40.86 | -9.18% | |
| ₹47.38 | ₹49.50 | ₹39.20 | ₹43.66 | -7.85% | |
| ₹53.98 | ₹56.00 | ₹46.12 | ₹47.00 | -12.93% | |
| ₹51.30 | ₹59.40 | ₹45.00 | ₹51.95 | +1.27% | |
| ₹59.50 | ₹59.92 | ₹48.26 | ₹49.75 | -16.39% | |
| ₹61.00 | ₹62.75 | ₹55.00 | ₹59.24 | -2.89% |
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Mercury EV Tech Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Mercury EV Tech Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of MERCURYEV across key market metrics for learning purposes.
Positive Indicators
5 factors identified
Strong Revenue Growth (74.59%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Conservative Debt Levels (D/E: 0.03)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (13.57x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Balanced Promoter Holding (59.18%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
5 factors identified
Below-Average Return on Equity (4.18%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (5.16%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Premium Valuation Risk (P/E: 86.13x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Limited Institutional Interest (FII+DII: 1.90%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Mercury EV Tech Ltd vs Passenger Cars & Utility Vehicles Peers
Peer Comparison - Passenger Cars & Utility Vehicles
Compare Mercury EV Tech Ltd with 7 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Mercury EV Tech LtdMercury EV Tech...Selected✓ MERCURYEV • 531357 | 26.5/100 | ₹30.26₹30 | ₹759.70₹759.70 | 86.13Average 86.1 Average | 4.18%Poor 4.18% Poor | 5.16%Poor 5.16% Poor | 0.03Excellent 0.0 Excellent | — — | — — | 0.00% |
Maruti Suzuki India LimitedMaruti Suzuki I... MARUTI • 532500 | 69.6/100 | ₹12956.00₹12956 | ₹506281.69₹506281.69 | 34.26Average 34.3 Average | 15.89%Good 15.89% Good | 21.70%Excellent 21.70% Excellent | 0.00Excellent 0.0 Excellent | 34.67%Excellent 34.67% Excellent | 15.11%Excellent 15.11% Excellent | 0.84% |
Mahindra & MahindraMahindra & Mahi... M&M • 500520 | 49.6/100 | ₹3092.30₹3092 | ₹465216.84₹465216.84 | 32.69Average 32.7 Average | 18.05%Good 18.05% Good | 13.93%Average 13.93% Average | 1.53Average 1.5 Average | 113.38%Excellent 113.38% Excellent | 16.13%Excellent 16.13% Excellent | 0.68% |
Hyundai Motor India LtdHyundai Motor I... HYUNDAI • 544274 | 59.8/100 | ₹1780.30₹1780 | ₹194685.58₹194685.58 | 34.69Average 34.7 Average | 42.18%Excellent 42.18% Excellent | 54.25%Excellent 54.25% Excellent | 0.05Excellent 0.1 Excellent | 18.46%Excellent 18.46% Excellent | 9.50%Good 9.50% Good | 0.88% |
Tata Motors LtdTata Motors Ltd... TATAMOTORS • 500570 | 58/100 | ₹363.25₹363 | ₹133944.44₹133944.44 | 9.92Average 9.9 Average | 28.08%Excellent 28.08% Excellent | 19.97%Good 19.97% Good | 0.61Good 0.6 Good | 37.20%Excellent 37.20% Excellent | 10.99%Good 10.99% Good | 1.65% |
Force Motors LtdForce Motors Lt... FORCEMOT • 500033 | 67.1/100 | ₹19206.00₹19206 | ₹24039.18₹24039.18 | 29.31Average 29.3 Average | 20.82%Excellent 20.82% Excellent | 29.99%Excellent 29.99% Excellent | 0.00Excellent 0.0 Excellent | 46.83%Excellent 46.83% Excellent | 21.25%Excellent 21.25% Excellent | 0.22% |
Olectra Greentech LtdOlectra Greente... OLECTRA • 532439 | 66.9/100 | ₹1204.70₹1205 | ₹10258.46₹10258.46 | 71.78Average 71.8 Average | 14.27%Average 14.27% Average | 20.52%Excellent 20.52% Excellent | 0.33Excellent 0.3 Excellent | 123.40%Excellent 123.40% Excellent | 55.14%Excellent 55.14% Excellent | 0.03% |
Hindustan Motors LtdHindustan Motor... HINDMOTORS • 500500 | 35.9/100 | ₹20.47₹20 | ₹375.17₹375.17 | 54.93Average 54.9 Average | 4.02%Poor 4.02% Poor | 3.16%Poor 3.16% Poor | 0.00Excellent 0.0 Excellent | 24.66%Excellent 24.66% Excellent | 60.69%Excellent 60.69% Excellent | 0.00% |
Top Passenger Cars & Utility Vehicles Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Maruti Suzuki India Limited share price506281.69 Cr
- Mahindra & Mahindra share price465216.84 Cr
- Hyundai Motor India Ltd share price194685.58 Cr
- Tata Motors Ltd share price133944.44 Cr
- Force Motors Ltd share price24039.18 Cr
Mercury EV Tech Ltd PE Ratio History
Historical price-to-earnings ratio for MERCURYEV — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2024 | ₹0.11 | ₹90.04 | 796.8x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Mercury EV Tech Ltd Quarterly Performance
Latest quarterly metrics for MERCURYEV — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
74.59%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
7.50%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
N/A
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
N/A
Compounded annual net profit growth over 5 years
Mercury EV Tech Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for MERCURYEV — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Mercury EV Tech Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Mercury EV Tech Ltd (MERCURYEV) — sourced from NSE/BSE filings.
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Fetching financial data for Mercury EV Tech Ltd
About MERCURYEV (Mercury EV Tech Ltd)
Mercury EV Tech Ltd is an emerging force in India's rapidly evolving electric vehicle (EV) market, committed to revolutionizing transportation through sustainable and innovative so...lutions. The company focuses on the design, development, manufacturing, and distribution of a diverse range of electric vehicles tailored to meet the diverse needs of the Indian consumer. From compact electric cars perfect for navigating bustling city streets to robust electric rickshaws designed for last-mile connectivity, and even specialized electric carts and vans for commercial use, Mercury EV Tech strives to provide accessible and eco-friendly alternatives to traditional combustion engine vehicles. By integrating cutting-edge battery technology and prioritizing efficient design, Mercury EV Tech is poised to contribute significantly to a cleaner, greener future for India's transportation sector. The company's product portfolio extends beyond core passenger vehicles, encompassing a broader spectrum of electrically powered solutions. Mercury EV Tech also offers electric cycles, scooters, and buses, catering to a wide range of transportation needs, from personal mobility to public transport. This comprehensive approach allows the company to address various segments of the market and contribute to a holistic shift towards electric mobility. By offering a diverse range of electric vehicles, Mercury EV Tech aims to cater to different income levels and transportation needs, making electric mobility accessible to a wider audience and accelerating the adoption of sustainable transportation solutions across India. Formerly known as Mercury Metals Limited, the company underwent a strategic transformation in March 2023, rebranding itself as Mercury EV Tech Limited to reflect its unwavering commitment to electric vehicle technology and renewable energy solutions. Established in 1986 and headquartered in Vadodara, India, Mercury EV Tech leverages its extensive experience and infrastructure to drive innovation and excellence in the EV sector. With a dedicated focus on research and development, the company aims to continually enhance its product offerings, improve battery performance, and optimize charging infrastructure to ensure a seamless and compelling EV experience for its customers. Mercury EV Tech is committed to transforming India's transportation landscape, fostering a cleaner, more sustainable future for generations to come.
Company Details
Key Leadership
Corporate Events
Latest News
MERCURYEV Share Price: Frequently Asked Questions
What is the current share price of Mercury EV Tech Ltd?
Mercury EV Tech Ltd (MERCURYEV) trades at ₹30.26 on NSE and BSE. Market cap ₹759.70 (Cr). Educational data only.
What is the P/E ratio of Mercury EV Tech Ltd?
Mercury EV Tech Ltd has a P/E of 86.13x vs industry average 34.48x.
What is the Bull Run score for Mercury EV Tech Ltd?
Mercury EV Tech Ltd has a Bull Run score of 26.5/100 based on 25+ financial parameters.
Does Mercury EV Tech Ltd pay dividends?
Mercury EV Tech Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Mercury EV Tech Ltd?
Mercury EV Tech Ltd has ROE of 4.18%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Mercury EV Tech Ltd?
Mercury EV Tech Ltd has debt-to-equity of 0.03.
Is Mercury EV Tech Ltd a good investment?
Bull Run gives Mercury EV Tech Ltd a score of 26.5/100. This is not investment advice — consult a SEBI-registered advisor.