Ola Electric Mobility’s stock declined by 7% to Rs 128.2 due to profit booking. The company saw a 32% rise in revenue but also a larger net loss in Q1 FY25.
Government and household spending are currently fueling infrastructure growth, while private capital expenditure remains sluggish due to low capacity utilization and policy uncertainty. Infrastructure providers
Sandip Raichura of PL Capital Group anticipates near-term market pressure amid global uncertainties, but remains optimistic about Indian equities due to structural and cyclical factors.
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