đ„ Gujarat Fluorochemicals posts strong Q2 growth, plans âč600 crore investment in EV arm.
Gujarat Fluorochemicals just reported a 44% year-on-year surge in Q2 net profit. The company plans to invest âč600 crore into its electric vehicle arm to expand capacity and meet rising demand.
This marks a major push into EV manufacturing for the chemical giant. Do you think traditional industrial companies can successfully pivot to the EV sector?
â What's your take â is this the start of a bigger move or just noise? Drop it below.
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Gujarat Fluorochemicals just reported a 44% year-on-year surge in Q2 net profit. The company plans to invest âč600 crore into its electric vehicle arm to expand capacity and meet rising demand.
This marks a major push into EV manufacturing for the chemical giant. Do you think traditional industrial companies can successfully pivot to the EV sector?
â What's your take â is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption