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Popular Vehicles & Services climbs on beginning full-scale commercial operations of ‘Yanik’
Oct-06-2026

Popular Vehicles & Services is currently trading at Rs. 93.60, up by 2.76 points or 3.04% from its previous closing of Rs. 90.84 on the BSE.

The scrip opened at Rs. 92.45 and has touched a high and low of Rs. 93.60 and Rs. 90.13 respectively. So far 453 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 163.05 on 16-Oct-2025 and a 52 week low of Rs. 78.50 on 23-Mar-2026.

Last one week high and low of the scrip stood at Rs. 103.60 and Rs. 88.62 respectively. The current market cap of the company is Rs. 655.59 crore.

The promoters holding in the company stood at 61.38%, while Institutions and Non-Institutions held 20.13% and 18.49% respectively.

Popular Vehicles & Services has commenced full-scale commercial operations of Yanik (www.yanik.in), its e-commerce marketplace for automotive spare parts. Yanik operates under ZPAREX Digisolutions, a step-down subsidiary of the company’s wholly owned subsidiary, Popular Mega Motors (India). The platform marks an important step in the company’s strategy to build a stronger digital and retail parts ecosystem by complementing its established physical spare-parts distribution network with a scalable digital channel.  

Designed primarily as a B2B marketplace, Yanik connects automotive parts suppliers with customers such as spare-parts dealers and independent garages, enabling them to discover and procure products through a unified digital platform. Yanik currently offers access to more than 13,000 verified automotive parts across major categories, including engine components, brake systems, suspension, transmission, gearboxes, electrical parts, and body and interior components. The platform provides customers with a convenient digital interface for sourcing products for vehicle maintenance, repair and performance requirements.

The company already has an established spare-parts distribution ecosystem serving a diverse customer base. By extending this ecosystem digitally through Yanik, the company aims to improve product accessibility, widen customer reach and build a more scalable aftermarket business across its network.

Popular Vehicles & Services is engaged in the business of automobile dealerships in India. It provides complete services throughout the life cycle of vehicle ownership, including sales of new and preowned vehicles, servicing, spare parts distribution, driving schools, and third-party financial and insurance product sales.

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