The gross revenue of Isha Ambani-led Reliance Retail was Rs 69,948 crore, jumping 19 percent year-on-year from Rs 58,554 crore in the corresponding quarter last year.
Markets are expecting NIO’s performance to improve significantly in the second half of 2022 as the environment improves, but the stock has continued to collapse this year.
There are no problems with demand for NIO’s electric cars, but keeping up supply and maintaining profitability are becoming bigger problems. We explain what to expect and consider how NIO shares could react.