Ola Electric Mobility shares surged after the company secured a Rs 366.78 crore incentive under the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components for FY 2024-25. This significant sanction from the Ministry of Heavy Industries underscores Ola Electric’s manufacturing prowess and commitment to advancing EV technology in India.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires