Yellow EV expansion advances electric mobility as A-1 Limited secures more than 1,400 low-speed two-wheeler orders

A-1 Limited said its associate, A-1 Sureja Industries, advanced its electric mobility plan. The initiative is operating under the brand "Yellow EV." The company said the goal is an expandable electric two-wheeler ecosystem. It will use product delivery, partner-led reach, and digital support.

The company said the associate received two confirmed purchase orders in January 2026. The orders total more than 1400 electric two-wheelers in the low-speed category. A-1 Limited said this supports execution for the EV business. It also signals early acceptance in the market.

"As part of operational readiness and customer onboarding, a mobile application titled- "Yellow EV" has been made available on the Google Play Store, enabling streamlined user onboarding and workflow support faster scaling, service coordination and improved customer experience. Application "Yellow EV" was released on 13th October,2025 and after all the updation the application is available for all stakeholders w.e.f. 20th February,2026," said A-1 in a statement.

"The Company believes that the combination of (i) confirmed EV demand visibility, (ii) a scalable rollout framework, positions the subsidiary to strengthen its electric mobility presence in a phased and disciplined manner," A-1 further confirmed in a regulatory filing.

Yellow EV expands with 1,400+ orders

A-1 Ltd (BSE: 542012) traded at Rs 25.23 at 10:45 AM IST on February 27, 2026. The price was up 4.95% from the prior close. The day’s range stayed between Rs 25.23 and Rs 25.24. More than 1.31 million shares traded, with a market capitalisation near Rs 1,161.04 Cr.

Recent corporate actions included a stock split and a bonus issue. A-1 Limited reported a P/E ratio of 446.8 and a P/B ratio of 13.15. For the quarter ended December 31, 2025 (Q3 FY26), A-1 Ltd (A-1 Acid Ltd) posted net sales of Rs 69.81 crore and net profit of Rs 0.96 crore.

ItemDetail
Stock price (10:45 AM IST, Feb 27, 2026)Rs 25.23
Intraday low / highRs 25.23 / Rs 25.24
Volume tradedOver 1.31 million shares
Market capitalisationApproximately Rs 1,161.04 Cr
Q3 FY26 net sales (ended Dec 31, 2025)Rs 69.81 crore
Q3 FY26 net profit (ended Dec 31, 2025)Rs 0.96 crore
P/E ratio446.8
P/B ratio13.15

Founded in 1975, A-1 Limited is headquartered in Ahmedabad. The company focuses on marketing, transport, and wholesale trade of chemicals and acids. It began as a proprietorship named A-1 Acid & Chemicals in 1975. It became a private company in 2004, listed on the BSE in 2018, and renamed A-1 Limited in August 2024.

The update linked Yellow EV execution to confirmed low-speed electric two-wheeler orders and a live app. A-1 Limited also pointed to a phased approach, supported by a scalable rollout framework. Alongside this operational progress, the stock traded higher on February 27, 2026. The latest quarter numbers and valuation ratios provided added context for finance readers.

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