EV stock: FIIs buy 1471638 shares in Q3, hikes stake to 2.68%; check Q3 numbers

Q3 Results FY2026: Mercury EV-Tech Ltd, a leading player in the automobile sector, has announced its third quarter results for the current financial year (Q3 FY2026). The company said that it reported net sales of Rs 25.29 crore and net profit of Rs 0.89 crore in Q3FY26. In nine-month results (9MFY26), the company reported net sales of Rs 81.86 crore and net profit of Rs 4.22 crore.

Mercury EV-Tech is a smallcap company engaged in the manufacturing of electric scooters, electric cars, electric buses, electric vintage cars, electric golf cars and electric vehicles.

The auto stock closed 5.5 per cent lower at Rs 37.02 on BSE on Friday.

Mercury EV-Tech is a constituent of BSE Consumer Discretionary index. As per December 2025 quarter shareholding pattern, promoters own 59.18 per cent stake in the company.

FIIs hiked their stake in the company as they bought 14,71,638 shares. FIIs now own 2.68 per cent stake in the company at the of Q3, compared with 1.90 per cent in September 2025 quarter.

The stock’s 52-week high is Rs 76.93 per share and its 52-week low is Rs 29.95 per share.

As per BSE analytics, the stock has corrected 49 per cent in the last one year and 59 per cent in two years. It has zoomed more than 90 per cent in three years and skyrocketed more than 5,300 per cent in five years.

Meanwhile, benchmark equity indices Sensex and Nifty tumbled more than 1 per cent on Friday due to across-the-board selloff, especially in metal, IT and commodity stocks, tracking sluggish global markets. In a volatile session, the 30-share BSE Sensex tumbled 1,048.16 points, or 1.25 per cent, to close at 82,626.76. During the day, the benchmark tanked 1,140.37 points, or 1.36 per cent, to hit an intraday low of 82,534.55.

The 50-share NSE Nifty plunged 336.10 points, or 1.30 per cent, to settle at 25,471.10. In the intraday trade, it slumped 362.9 points, or 1.4 per cent, to hit a low of 25,444.30.