While the rupee has been weakening against the US dollar over the past weeks, the depreciation in the Indian currency has been far more contained than in the previous year. This year, the rupee has shed 0.6% versus the dollar. In 2022, it had depreciated by about 10% versus the greenback.
Reliance Industries positioned for recovery despite debt concerns: Sandip Sabharwal
Obviously, there are other companies who are purely into EVs like Ola Electric, etc, where I would not be so bullish, I think they will