“India should be a big producer of steel, India should be a big exporter of steel. Steel investments happen in some of the poorest parts of the country. We are blessed with iron ore. So this is the classic opportunity to make in India, for India and for the world. So the imposition of export duty is unfortunate. ”
Ola Electric shares sink 6% as Q2 revenue falls 39% YoY. What’s next?
Ola Electric shares fell over 6% after the company reported a 39% YoY decline in September-quarter revenue to Rs 421 crore, despite narrowing its consolidated