Drive Motors shares at the moment ended with 2% decline at Rs 18,555.55 on the BSE.
Drive Motors is a smallcap firm with a market capitalisation of Rs 24,183.26 crore. The inventory has delivered multibagger returns of 167% prior to now one 12 months.
The shares of Drive Motors are buying and selling above their 50-day and 200-day easy transferring averages (SMAs) of Rs 18,433.9 and Rs 11,339, respectively in line with Trendlyne knowledge.
The inventory has displayed excessive volatility with a 1-year beta of 1.4.
Reside Occasions
Drive Motors reported a consolidated internet revenue of Rs 176 crore within the quarter ended June 30, 2025 which was 52% up from Rs 116 crore reported within the 12 months in the past interval. Firm’s complete revenues stood at Rs 2,322 crore within the mentioned quarter, gaining 22% over Rs 1,900 crore within the corresponding quarter of the final monetary 12 months.Drive Motors is a completely built-in vehicle firm specialising within the engineering, growth and manufacture of autos, aggregates and elements. With 5 manufacturing models throughout India, Drive Motors provides a various product vary spanning from mild industrial autos to multi-utility autos and tremendous specialty autos. The corporate operates with a community of over 300+ gross sales and repair touchpoints throughout India. The corporate exports its autos to the Center East and Gulf, Asia, Latin America and Africa.Additionally Learn: Norges Financial institution provides multibagger Cartrade Tech, 2 extra smallcaps in Rs 209 crore value bulk offers
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