Shares of this BSE-listed smallcap company, Mercury EV-Tech, demonstrated remarkable resilience by surging almost 5 per cent amid market sell-off on Thursday, August 28, 2025. The stock started the trading session opened with a gap down with a loss of 2.08 per cent today, but rebounded to touch the high of Rs 51.95, representing a gain of 4.88 per cent.
Technically, the stock trades higher than the 5-day and 20-day moving averages, which are short-term indicators of a stock’s performance, but lower than the 50-day, 100-day and 200-day moving averages, which are longer-term indicators. This suggests a mixed performance in the short and long term for Mercury EV-Tech’s stock.
The stock hit its 52-week high of Rs 139.20 on October 3, 2024. The 52-week low of the counter is Rs 45, touched on August 19, 2025.
Stock market benchmark indices Sensex and Nifty tumbled in early trade on Thursday as the additional 25 per cent tariff imposed by US President Donald Trump on India for its purchases of Russian oil came into effect, weighing on investors’ sentiment. Besides this, foreign fund outflows also dented investors’ sentiment.
The 30-share BSE Sensex tanked 508.16 points to 80,278.38 in early trade. The 50-share NSE Nifty dived 157.35 points to 24,554.70. From the Sensex firms, HCL Tech, HDFC Bank, Power Grid, Sun Pharma, NTPC and Bharat Electronics were among the major laggards.
However, Eternal, Asian Paints, Titan, Maruti and Larsen & Toubro were the gainers.
In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index and Shanghai’s SSE Composite index traded in positive territory while Hong Kong’s Hang Seng quoted lower. The US markets ended in positive territory on Wednesday.
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