Small-cap Stock Under ₹50 Reaches Upper Circuit for Second Consecutive Trading Day

A-1 Share Price Reaches 5% Upper Circuit for Second Straight Session

Market Update

On February 26, A-1 share price remained locked at a 5% upper circuit for the second consecutive session, following the company's announcement regarding its electric mobility efforts. The stock opened at an intraday high of ₹24.04 per share on the BSE and touched an intraday low of ₹24.03 per share.

Electric Mobility Initiative

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A-1 Sureja Industries, an associate of the company and part of its electric mobility efforts, is advancing its electric mobility initiative under the "Yellow EV" brand. The subsidiary aims to develop a scalable ecosystem for electric two-wheelers through product implementation, partner-driven growth, and digital support.

Key Developments

• Two purchase orders for over 1,400 low-speed electric two-wheelers have been finalized by the company's partner for January 2026, indicating initial market interest and enhancing visibility for the EV operations.
• The company has launched a mobile application named "Yellow EV" on the Google Play Store to facilitate customer onboarding and streamline operational processes.
• The subsidiary is implementing a scalable expansion strategy that aligns with the "Made in India, Made for India" initiative, emphasizing accessible and dependable electric mobility via a well-structured partner and franchise-driven approach.

Q3 Results

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In the third quarter of FY26 (October–December 2025), A-1 witnessed mixed numbers. The company's revenue reached ₹69.81 crore, reflecting a decrease of 6.08% compared to ₹74.33 crore during the same quarter last year. Net profit was reported at ₹0.96 crore, representing a slight decline of 4% from ₹1 crore in Q3 FY25.

Outlook

The company is confident that the integration of established EV demand insight and a scalable deployment strategy will enable the subsidiary to enhance its electric mobility footprint in a gradual and methodical way.