Shares of pure-play two-wheeler EV major Ola Electric Mobility hit a 5% upper circuit of Rs 55.38 on Thursday, October 16, after the company announced its foray into the energy storage business with its new product Ola Shakti. With today’s gain, the stock has hit a 5% upper circuit for a second consecutive session and … Read more
Pace Digitek, a recently listed renewable and telecom infrastructure company, is in the spotlight after global investment giant Morgan Stanley picked up nearly 12 lakh shares in the open market. The move has boosted investor sentiment in a counter that debuted modestly on the bourses — listing at around a 4% premium to its issue … Read more
Sonal Shrivastava, CFO, Waaree Energies, says gross margins have come up much higher than the last quarter and even on the H1 basis. Waaree’s focus is on the margin to manage this current environment. They are watching closely for signs of stabilisation. Shrivastava said their core strategy is to expand the portfolio of offerings to … Read more