The stock has lost more than 23% in the last two sessions, after the company received a notice from the government to pay tax of Rs 111.4 billion along with interest and penalty for the period July 2017 to March 2022, on Friday.
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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