EV penetration in 2W and 3W is expected to increase at a fast rate over the next few years which augurs well for the company's growth.
The revenue growth was primarily driven by increase in content per vehicle, overall robust industry demand & parts SOB increase in select OEM's.
In the past eight months, it has more-than-doubled or zoomed 203 per cent from Rs 116.05, which it had touched on May 12, 2022