On the BSE, 4.69 lakh shares were traded in the counter so far compared with average daily volumes of 7.95 lakh shares in the past two weeks.

The stock hit a 52 week high of Rs 78 on 06 December 2022. The stock hit a 52 week low of Rs 42.70 in intraday today.

The stock had underperformed the market over the past one month, sliding 11.56% compared with 4.74% jump in the Sensex.

The counter had underperformed the market in past one quarter, slipping 18.56% as against 10.83% increase in the sensex.

The scrip had also underperformed the market in past one year, declining 23.76% as against Sensex's 23.06% rise.

On the technical front, the stock's daily RSI (relative strength index) stood at 22.496. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.

On the daily chart, the stock was trading below its 50-day, 100-day and 200-day simple moving average (SMA) placed at 49.39, 51.91 and 56.70 respectively. These levels will act as crucial resistance zones in near term.

Wardwizard Innovations & Mobility is an auto manufacturing companies in the electric vehicle (EV) segment under the brand name Joy E-Bike. With more than 10 models in its portfolio in both high and low-speed categories, the company has presence in more than 55 major cities across India and aspires to boost this number throughout the country.

The company's consolidated net profit declined 71.6% to Rs 0.93 crore on 38% fall in net sales to Rs 50.55 crore in Q4 FY23 over Q4 FY22.