Share of Wardwizard Innovations & Mobility Ltd is currently trading at around Rs.12/-Investors are asking for the Wardwizard Share Price Targets for 2025, 2030, 2035 and 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the Wardwizard Share Price Targets for 2025, 2030, 2035 and 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Wardwizard Innovations & Mobility Ltd:
🚀 Current Business Position
Wardwizard Innovations & Mobility Ltd is a rising player in India’s electric vehicle (EV) sector, operating under the brand names Joy e-bike and Joy e-rik. Headquartered in Gujarat, the company manufactures and sells electric two-wheelers and three-wheelers across India and select international markets like Uganda and Nepal.
In recent months, Wardwizard has made significant strides in fleet deployment and strategic partnerships:
• In June 2025, it secured an order for 2,500 Wolf+ electric scooters from SpeedforcEV for nationwide fleet use.
• In May 2025, it partnered with XiCon International to deploy 7,500 Joy e-bike scooters.
• It has expanded operations in cities like Kolkata, Pune, and Ahmedabad, deploying hundreds of electric two-wheelers.
The company operates through multiple segments, including EV sales, components, services, and innovation initiatives under Vyom Innovation. Its diversified approach reflects a commitment to sustainable mobility and technological advancement.
🌱 Future Business Prospects
Wardwizard is positioning itself for aggressive growth in the coming years. According to recent projections:
• The company is targeting revenue of over ₹400 crore in FY2024 and anticipates a five-fold growth trajectory through new partnerships and product diversification.
• It plans to expand beyond two- and three-wheelers into electric trucks and passenger vehicles, aiming to become a full-spectrum EV manufacturer.
• To support this growth, Wardwizard is exploring fundraising avenues such as American Depository Receipts (ADRs), equity issues, and hybrid financing models.
Market analysts forecast a promising future for the company, with its share price expected to rise steadily through 2030, driven by increasing EV adoption, government incentives, and infrastructure development.
👥 Promoter Shareholding
As of July 2025, the promoter group holds approximately 47.14% of the company’s shares, down from 68.42% in December 2023. This decline suggests a strategic dilution, possibly to raise capital or bring in institutional investors. Notably:
• Promoters have maintained a strong presence despite the dilution, indicating continued confidence in the company’s vision.
• Around 5.05% of promoter shares remain unpledged, reflecting financial stability and low leverage.
The remaining shareholding is distributed among public investors (52.85%) and a negligible portion held by domestic and foreign institutions.
🧭 Conclusion
Wardwizard Innovations & Mobility Ltd is carving a niche in the Indian EV landscape with its scalable business model, expanding product portfolio, and strategic partnerships. While promoter shareholding has reduced over time, the company’s growth ambitions and operational momentum suggest a bullish outlook. For investors and industry watchers, Wardwizard represents a compelling story of innovation, sustainability, and long-term potential.
Share Price Targets:
Wardwizard Share Price Target 2025
Based on the above discussion and analysis, the share price of Wardwizard Innovations & Mobility Ltd may touch the level of around Rs.15-17 in 2025
Wardwizard Share Price Target 2030
Based on the above discussion and analysis, the share price of Wardwizard Innovations & Mobility Ltd may touch the level of around Rs.35-40 in 2030
Wardwizard Share Price Target 2035
Based on the above discussion and analysis, the share price of Wardwizard Innovations & Mobility Ltd may touch the level of around Rs.75-80 in 2035
Wardwizard Share Price Target 2040
Based on the above discussion and analysis, the share price of Wardwizard Innovations & Mobility Ltd may touch the level of around Rs.175-200 in 2040
Disclaimer: Investments in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. News4You does not offer investment advice and does not encourage any action based on its content.
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