Wardwizard Innvovations & Mobility Ltd (BSE: 538970) is a Vadodara, Gujarat-based company in the 2W & 3W industry. With a market capitalisation of ₹129 Cr, it ranks #3,049 by market cap among the 6,137 Indian listed companies on FinBizNet, and #12 of 15 in 2W & 3W. At ₹4.28 (as of 25 Oct 2026), the share price is 69.3% below its 52-week high of ₹13.96 and -15.7% above its 52-week low of ₹5.08. The share price is down 59.8% over one year and down 16.9% over three months.
| Current Price | ₹4.28 |
|---|---|
| Market Cap | ₹129 Cr |
| BSE Code | 538970 |
| Sector | Consumer Discretionary > Automobiles and Components > Automobiles |
| Sub-Industry | Motorcycle Manufacturers > 2W & 3W |
| P/E Ratio | 71.3 |
| Return on Equity | 1.48% |
| Return on Assets | 2.31% |
| 52-Week Range | ₹5.08 – ₹13.96 |
| 1-Year Price Change | -59.8% |
| 3-Month Price Change | -16.9% |
| Beta (1Y) | 1.34 |
| Dividend Yield | 3.50% |
| Headquarters | Vadodara, Gujarat |
| Website | wardwizard.in |
Wardwizard Innovations & Mobility Limited, together with its subsidiary, Wardwizard Global PTE Ltd, manufactures and sells electrical vehicles, spare parts, and other related services in India, Uganda, and Nepal. The company operates through Sales of Electric Vehicles, its Components & Related Services; Vyom Innovation; Sale of Services; and Other segments. It offers two-wheeler electric vehicles under the Joy E-Bikes brand; and 3-wheelers under the Joy E-Rik brand. The company was formerly known as Manvijay Development Company Limited and changed its name to Wardwizard Innovations & Mobility Limited in February 2020. Wardwizard Innovations & Mobility Limited was incorporated in 1982 and is headquartered in Vadodara, India.
1. Joy E Bike-This segment offers electrical vehicles and spare parts, and digital business process support services; and trades in home appliances and white goods. 2. Vyom-This segment offers electrical vehicles and spare parts, and digital business process support services; and trades in home appliances and white goods. 3. Sale of Services-This segment offers electrical vehicles and spare parts, and digital business process support services; and trades in home appliances and white goods. 4. Other-This segment offers electrical vehicles and spare parts, and digital business process support services; and trades in home appliances and white goods.
1. Electric Mobility Vehicles and its relating activities-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Bajaj Auto Limited | ₹2,85,933 Cr | 26.9 | 28.05% | ₹21,689 Cr | +10.1% |
| Eicher Motors Ltd | ₹1,99,834 Cr | 36.7 | 23.77% | ₹6,632 Cr | +1.1% |
| TVS Motor Company Ltd. | ₹1,94,453 Cr | 63.9 | 31.62% | ₹16,296 Cr | +11.3% |
| Hero Motocorp Ltd | ₹1,04,649 Cr | 18.1 | 28.03% | ₹13,126 Cr | -9.5% |
| Ather Energy | ₹58,301 Cr | -104.4 | -33.74% | ₹1,217 Cr | +100.4% |
| Ola Electric | ₹16,195 Cr | -8.3 | -43.16% | ₹455 Cr | -46.0% |
| Zelio E Mobility Limited | ₹2,338 Cr | 71.6 | — | — | +391.7% |
| Atul Auto Ltd. | ₹1,177 Cr | 27.2 | 9.23% | ₹218 Cr | -23.0% |
| Wardwizard Innvovations & Mobility Ltd | ₹129 Cr | 71.3 | 1.48% | — | -59.8% |
Listed by market capitalisation. Ratios are shown for context only.
Wardwizard Innvovations & Mobility Ltd is trading at ₹4.28, with a market capitalisation of ₹129 Cr.
Wardwizard Innvovations & Mobility Ltd operates in the Consumer Discretionary > Automobiles and Components > Automobiles space (Motorcycle Manufacturers > 2W & 3W).
Wardwizard Innvovations & Mobility Ltd has a P/E of 71.3 and a return on equity of 1.48%.
Wardwizard Innvovations & Mobility Ltd is listed on the BSE under the scrip code 538970.
Wardwizard Innvovations & Mobility Ltd's share price is down 59.8% over one year and down 16.9% over three months. Its 52-week range is ₹5.08 to ₹13.96.
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.