The market is currently on a high, and everyone can see this. An increase in allocation from DII’s, FII’s, and retail investors has taken the valuations up. This rapid climb suggests that a bit of a healthy correction might be good for balance.
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
In the Indian context, we have had a growth slowdown due to various reasons, tight liquidity followed by various restrictions by the RBI on credit
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