EV stocks

Ola Electric shares hit 5% upper circuit on foray into energy storage biz with Ola Shakti

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Ola Electric shares hit 5% upper circuit on foray into energy storage biz with Ola Shakti

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

Is ‘Buy China, Sell India’ trade tactical or long-term? Amar Ambani explains

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Is ‘Buy China, Sell India’ trade tactical or long-term? Amar Ambani explains

At a time when the ‘Buy China, Sell India’ play seems to be on top of minds of foreign investors, Amar Ambani, Executive Director, YES Securities says China had multiple short-term recovery moves which lasted approximately two months before resuming the downtrend. While arguing that the China trade is a tactical one and not a … Read more