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Stock impact report

Assessing Electrovaya (TSX:ELVA) Valuation After New Analyst Coverage And Jamestown Plant Expansion [Yahoo! Finance]

Electrovaya Inc. - Common Shares (ELVA) 
Company Research Source: Yahoo! Finance
Fresh analyst coverage of Electrovaya (TSX:ELVA), focused on its lithium ion battery technology and move into new verticals, alongside a new Jamestown, New York plant, has sharpened investor attention. These developments put a spotlight on the company's role in warehouse automation, autonomous mobile robots and data centre energy storage, and set the stage for a closer look at what the current share price might already reflect. See our latest analysis for Electrovaya. At a share price of CA$15.07, Electrovaya has seen strong momentum recently, with a 30 day share price return of 39.28%, a 90 day gain of 72.23% and a 1 year total shareholder return of 284.44%, as investor interest in its lithium ion battery exposure and Jamestown capacity expansion has picked up. If Electrovaya's move into batteries for warehouse automation and robots has caught your eye, it may be worth scanning other high growth tech and AI stocks for potential ideas in similar themes. With Electrovaya now Show less Read more
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