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Kabra Extrusiontechnik rallies 16% as Battrixx gets single largest order

Battrixx said it has received its single largest order to supply 8000 battery packs for Joy E-Bike (electric two-wheelers) produced by WardWizard

The Centre is pushing for a full transition of three-wheelers by 2023 and two-wheelers by 2025
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Battrixx is positioned to provide wide range of advanced lithium-ion battery packs

SI Reporter Mumbai
Shares of Kabra Extrusiontechnik (KET) soared 16 per cent to hit a record high of Rs 248.60 on the BSE in the intra-day trade on Tuesday after Battrixx, the company's battery division, announced its association with WardWizard Innovations and Mobility. The stock surpassed its previous high of Rs 244.40, touched on August 18, 2021.

Battrixx said it has received its single largest order to supply 8000 battery packs for Joy E-Bike (electric two-wheelers) produced by WardWizard.

WardWizard Innovations & Mobility is one of the leading auto manufacturing companies in the electric vehicle (EV) segment under the brand name