Wardwizard Innovation & Mobility rises 5 per cent on expansion news

The company on Monday announced its expansion plans in the eastern part of India. It informed that it will expand in the region with two of its brand products namely, Joy e-bike and Vyom Innovations.   

The company will cater to the growing public demand for e-bikes and home appliances in the states of West Bengal, Uttar Pradesh, Bihar, and Assam.  Yatin Gupte, MD & CEO of the company expressed happiness and confidence regarding the expansion. He also mentioned the vision that the company has laid of empowering 3,500+ entrepreneurs in 2021-22.  

Wardwizard is an innovation-driven company, which is India’s first BSE-listed EV manufacturing company. They have a philosophy to provide society with clean and green alternatives to our current ways of life. They have two main products mainly Joy e-bike, which aims to provide greener alternatives to the traditional fuel-driven bikes and Vyom Innovations that intends to provide customers with low power consuming home appliances.   

On Monday, after the closing bell , the stock of Wardwizard Innovations & Mobility Ltd was trading at Rs 491.45, up by 5 per cent on BSE.