Mercury Ev-Tech Ltd, incorporated in 1986, is engaged in the manufacturing and trading of electric vehicles (EVs) and renewable energy-related products. The company’s product range includes electric scooters, cars, buses, vintage cars, and golf carts. METL also develops custom electric vehicles for various applications, such as hospitality, industrial use, golf courses, clubs, and resorts, demonstrating its versatility in EV solutions tailored to specific industries

Mercury Metals major competitors are Hindustan Motors, Hyundai Motor India, Mahindra & Mahindra, Maruti Suzuki, Tata Motors.
Market Cap of Mercury Metals is ₹1,342 Crs.
While the median market cap of its peers are ₹2,42,932 Crs.

Mercury Metals seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.