The IPO attempt is Aadhar’s second shot at a listing after a $1 billion IPO plan in 2022 was called off amid market volatility that followed the Russia-Ukraine war.
Waaree’s gross margins are much higher than last quarter and even on a H1 basis: CFO
Waaree Energies is increasing production capacity and expanding into new markets. The company is focused on managing margins as prices decline. Waaree is also investing