WardWizard ships 2,458 units of electric two-wheelers in July 2022

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WardWizard Innovations and Mobility Ltd, manufacturer of electric two-wheeler brand ‘Joy e-bike’, retailed 2,458 units of electric two-wheelers in July 2022. With this, the company reported year-on-year growth of 160% as distinguished to July 2021, when it had retailed 945 units of electric two-wheelers.

The company has reported a year-on-year expansion meant of 160 per cent as correlated to July 2021, when it had sold 945 units of electric two-wheelers.

Significant, the company has already sold further than 10K (10,725) units of electric two-wheelers in the early four months (April-July 2022) of this financial year, noticing the growth of 263% as about the same period (April-July 2021) of last financial year.

Talking about the sales performance, Yatin Gupte Chairman & Managing Director of Wardwizard Innovations &

Mobility Ltd., said, “With the economy rising and with positive momentum in business operations, we are examining increased engagement from the customers across all our touchpoints in the form of enquiries and bookings. In the initial four months, we have already passed over the sales mark of 10k and with the joyous season coming around, we are anticipating the second quarter to rise at a much faster rate.”

In the initial four months, we have already passed over the sales mark of 10k and with the festive season arriving around, we are anticipating the second quarter to thrive at a much rapid rate,” Yatin Gupte, Chairman and Managing Director, Wardwizard Innovations & Mobility Ltd, announced.

According to a company release, it has also begun the deliveries of its high-speed electric scooters Wolf+ and Gen Next Nanu+ in a phased manner and registered the sales of additional 500 units across the states of Maharashtra, Gujarat, and Rajasthan in June 2022.

Shares of Wardwizard Innovations & Mobility Ltd were the previous trading in BSE at Rs. 60.80 as correlated to the previous close of Rs. 61.50. The exact number of shares traded during the day was 730388 in over 3230 trades.

The stock hit an intraday high of Rs. 63.40 and an intraday low of 60.10. The net turnover during the day was Rs. 45255154.00.

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