New Delhi, Sept. 17 -- Multibagger EV company Mercury Ev-Tech share price surged as much as 6.44 per cent to Rs.49.72 apiece in Wednesday's trading session on heavy trade volume.

The EV stock has largely remained volatile negative in the near-term. The stock has descended nearly 22.55 per cent in six months and 52 per cent in one year. However, the EV stock has rewarded its long-term investors with multibagger returns by soaring 7,547.69 per cent in five years.

In an exchange filing dated September 8, the company informed the exchanges that it has received approval to manufacture Mushak EV, which is a battery operated 4W goods carrier & N1.

According to the exchange filing, the key features of the vehicle are as follows -

1. Unbreakab...