Announced Mon, 13 Jul · 10:33 IST
Zelio E-Mobility inaugurates new Coimbatore EV plant, capacity up 33%
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+10.5%1-day move
₹603.90
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.5+16.0+21.8+26.7+28.3+37.1————
Up moveDown movePending
AI summary
Zelio E-Mobility inaugurated a new 39,000 sq ft manufacturing plant in Coimbatore, Tamil Nadu on July 13, 2026. The facility adds 60,000 units of annual capacity, raising total capacity to 2,40,000 units per annum (up 33%). Investment is up to Rs 1 crore, funded via internal accruals. Initial phase targets 24,000-30,000 units annually, serving South Indian markets. Current utilization is about 40%.
Likely market impact
Capacity expansion supports growth, but existing utilization is only 40%, so near-term returns depend on demand pickup in southern markets.