India's Wardwizard Innovations sends more EVs to Philippines for testing; shares rise

Wardwizard Innovations & Mobility

11/03/2025 08:48

** Shares of Wardwizard Innovations & Mobility WARW.BO rise 4.9% to 31 rupees

** EV maker dispatches four additional customized electric three-wheelers to the Philippines for testing, ensuring suitability for local market, as part of its $1.29 billion EV partnership with Beulah International

** Stock set to rise for a sixth straight session

** More than 4.9 million shares traded, 4.3x its 30-day moving avg

** WARW trims YTD losses to ~17%, after falling 32% in 2024

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))