India's Wardwizard Mobility rises on EV deal with UAE's BEEAH Group

Wardwizard Innovations & Mobility

20/12/2023 05:16

** Shares of Wardwizard Innovations & Mobility  WARW.BO 
jump 5% to 57.45 rupees
    ** Co signs deal with UAE-based BEEAH Group to manufacture
electric vehicles targeting Gulf Cooperation Council countries
and Africa
    ** Stock has risen ~15% in December, partly due to rise in
monthly vehicle sales; on track for third straight month of
gains
    ** Session's gains trim YTD losses to ~12%; it was down ~22%
in 2022

 (Reporitng by Nishit Navin)
 ((nishit.navin@thomsonreuters.com;))