Kaiser Corporation’s subsidiary -- Xicon International has entered into a memorandum of understanding (MoU) with WardWizard Innovation and Mobility, a leading manufacturer in the electric vehicle (EV) sector. Under the terms of the MoU, Xicon International will lease 7,500 electric scooters from WardWizard over the course of FY 2025-2026 and FY 2026-2027.
These vehicles are intended to be further leased to various logistics and last-mile delivery partners across Mumbai, Pune and Ahmedabad, supporting the ongoing shift towards sustainable transportation solutions.
This strategic initiative is expected to contribute to a gradual revenue boost for the company’s subsidiary over the leasing term. The partnership reflects the company’s commitment to promoting green mobility and tapping into the rapidly growing EV logistics ecosystem. This collaboration positions the company and its subsidiaries at the forefront of India’s evolving electric mobility landscape, while generating consistent and scalable returns.
Kaiser Corporation (KCL) is engaged in the business of printing in the business of printing of labels, articles of stationery, magazines and cartons. KCL has diversified into in engineering goods, electric and mechanical heat tracing and trunkey projects through its subsidiaries.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3665.40 |
| Astral | 1583.75 |
| Finolex Inds | 174.95 |
| Nilkamal | 1340.45 |
| Jain Irrigation Sys | 32.71 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: