ICICI Securities Limited
E-mobility segment registered 69% jump in volumes from 5947 units to 10075 units. Going ahead, we believe the momentum will continue with high speed segment in E-2W and E-Ricks contributing a larger share in the growth plan. The management has shared a | 700 crore capex plan for 10 years (capex + working capital) on a proportionate basis. Further, the company is continuously working on increasing localisation with the only major import being lithium ion cells. Going ahead, increasing dealer network, Ampere Vehicle Finance along with continuous innovation and product improvement...
Number of FII/FPI investors increased from 75 to 98 in Mar 2025 qtr.
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