“India PV business continues with their plan because we do expect that even if we assume that 30% of the auto market will become electric, the remaining 70% is still ICE. Therefore, we will continue to have offerings on that front. There is a clear rub-off from the EV business onto the PV business in terms of brand salience, as well as the brand imagery.”
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.
March 15, 2025