Helios Mutual Fund is optimistic about domestic consumption, recently adding Ola to its portfolio due to its EV two-wheeler potential. Dinshaw Irani highlights Ola’s improved profitability and focus on Generation III bikes with indigenous batteries. Helios believes the worst is over for Ola, citing margin improvements and faith in the management’s direction.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets