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WARDWIZARD INNOVATIONS AND MOBWARDWIZARD INNOVATIONS AND MOBWARDWIZARD INNOVATIONS AND MOB

WARDWIZARD INNOVATIONS AND MOB

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Wardwizard Company fundamentals and technical available at discount price. Future growth perspective looks good . Fundamentals shared below 👇 Expende - Wardwizard Innovations and Mobility Ltd. will restructure its distribution-dealer model. They will establish 150 'Distributor Showrooms' at the district level to strengthen relationships with Taluka-level Dealers. The company plans to promote high-performing taluka dealers to District Distributors through new distribution models, adding to its 750+ touch-points nationwide. Due to the high demand of the vehicles, the company has decided to pre-schedule the advancement of the distribution model. This will bridge the demand and supply gap and enhance the customer experience. With over 10+ models in its portfolio spanning high and low-speed categories, the company has established a robust presence in 55+ major Indian cities and aims to expand its reach across the nation. Fundamental Analysis (Long term): Leading EV Manufacturer The Company is the 1st entity to get listed on BSE with the core business of Electric vehicle manufacturing. Co. first introduced its electric bicycle in 2016 and later introduced low-speed e-vehicles like Gen-next, Glob, wolf, and Monster. The company sold more than 30,000 units of EV in FY22 as compared to 4229 units in FY21 Key Data Points Dealers - 750+ Company Owned Retail outlets - 25+ Employees - 700+ Manufacturing Facility - 90,000 sq. ft Units sold in FY23 - 36,500 Joy E-Bike The flagship brand of the company ‘Joy eBike’ has various models to suit different categories of customers, such as Glob, Gen Next Nanu, Wolf, Hurricane, EMonster, Beast, and Thunderbolt, etc Foray into three wheelers segment The company has introduced its presence in the three-wheelers market with its product Joy E-RIK which launched in FY23 Vyom Under this brand, the company manufactures consumer appliances from LED TVs to Alkaline water purifiers and air purifiers to hydrogen water bottles. Co. is the only manufacturer of 4-door refrigerators with an all-glass display and quick-freezing technology in India. Revenue Mix Joy E-Bike - 100% in FY22 vs 61% in FY21 Vyom - Nil in FY22 39% in FY21 Vehicles Price Range Two-wheelers - Rs. 77,400 – Rs. 2,42,000 Three-wheelers - Rs.3,40,000 Geographical Split India - 99% in FY22 vs 95% in FY21 Export - 1% in FY22 vs 5% in FY21 Manufacturing Facility The Co's manufacturing unit is situated at Vadodara spread with an Annual Capacity Single Shift 1,20,000 Units PA for 2 wheeler and 3-wheelers. A 2-wheeler Is Produced Every 150 seconds after the first vehicle Is Completed. Product Variants Low-speed Bikes – Wolf, Glob, Gen Next Nanu, Monster. High-speed Bikes – Gen Next Nanu+, Wolf +, Wolf Eco, Gen Next Nanu Ec0, Delgo Electric Motorcycles - Monster, Hurricane, Thunderbolt, Beast, E-Monster. Dealership The company currently has a network comprising 750+ dealers-super dealers spread across 50+ cities in 19 states and Union Territories. Dealership Breakup Urban - 302 Rural - 457 EV Ancillary Cluster The co., jointly with its Promoters & Promoters’ Group, has acquired 4 Mn sq. ft. of land to develop India’s first-ever EV ancillary cluster near the newly inaugurated global headquarters in Vadodara, Gujarat. About 20 major EV parts/ components will be manufactured in the Wardwizard EV ancillary cluster. Battery Assembling The company has started its battery assembly line with a capacity of 1 gigahertz per year, and it has signed an MoU with Singapore-based Sunkonnect for R&D and identification of potential partners as well as to develop the roadmap to set up the 1 gigahertz self-production plant at Wardwizard electric vehicle ancillary cluster in Vadodara. Marketing Campaigns Joy EBike partnered with The Kapil Sharma Show and Aajtak for the show to have mass brand awareness. In FY23, company spent 7-8% of its sales on marketing expenditure Capital Expenditure Capex for FY23 was Rs.23.25 Crores. Its FY24 capex will be Rs.100-125 Crores, with investment of Rs.80 Crores to Rs.85 Crores on the battery plant.
BSE:WARDINMOBILong
by biokon70
13
WARDINMOBI WARDINMOBI . break out trendline with retested wait for Entry .. after entry targets are opens for All. Most Of time i try to share breakout stock own my study . look at on chart going lower low lower high change scenario make higher high wait for break previous high then enter . for MORE check in my TradingView ID If You LIKE MY Idea ……Boost………….. its “Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our charts /calls , please consult your financial advisors. Thanks
BSE:WARDINMOBILong
by asAMOLSUTAR
6
Technical Analysis with Elliott Wave InsightToday, we're exploring Ward Wizard Innovations & Mobility Ltd., an Indian electric vehicle manufacturer, with an intriguing twist of Elliott Wave theory for market insights. Before we dive into the waves, here's some background: Ward Wizard Innovations & Mobility Limited is a publicly-held electric vehicle manufacturing company based in India. It's dedicated to producing eco-friendly electric scooters and vehicles. Not just in India, but its impact extends to countries like Uganda and Nepal. Now, back to the chart and Elliott waves: Recently, the stock witnessed a substantial decline from January 2022 to July 2023, followed by a period of consolidation. Going back to its origins in May 2015 up to July 2021, we identify a significant wave ((1)), marking a robust upward trend. This was followed by wave ((2)), an Expanded Flat correction (A)-(B)-(C) in blue. Wave ((2)) concluded near 161.8% of wave (A) as wave (C) of ((2)). Now, the exciting part: The best possibility is that we're currently experiencing a significant wave ((3)), known for bringing about robust upward momentum. This wave holds the potential to surpass previous all-time highs. Elliott Wave theory is a captivating tool, helping us understand market psychology and forecast future price movements based on wave patterns. Remember, there's a crucial detail: We've set an invalidation level at 33.20, representing the low of July 2023. If prices drop below this level, it might indicate a different wave scenario. Conclusion: Our analysis hints at the potential for a strong bullish wave ((3)). Markets are full of surprises, and risk management is your best companion on this journey. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
BSE:WARDINMOBILong
by RK_Chaarts
25