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HSBC estimates Ather’s sales volumes to consistently see an uptick on the back of increase in the number of stores
The brokerage expects Ather’s EBITDA loss margin to improve 110 bps QoQ and 420 bps YoY in Q2 due to better operating leverage
HSBC downgraded its rating for Ola Electric to ‘Reduce’ from ‘Hold’ earlier and cut TP to INR 45 from INR 55
Shares of EV maker Ather Energy
surged 7.8% to INR 678.50 to touch a fresh all-time high during the intraday…
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HSBC estimates Ather’s sales volumes to consistently see an uptick on the back of increase in the number of stores
The brokerage expects Ather’s EBITDA loss margin to improve 110 bps QoQ and 420 bps YoY in Q2 due to better operating leverage
HSBC downgraded its rating for Ola Electric to ‘Reduce’ from ‘Hold’ earlier and cut TP to INR 45 from INR 55
Shares of EV maker Ather Energy surged 7.8% to INR 678.50 to touch a fresh all-time high during the intraday…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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