Stay updated with breaking news from Ev Theme. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
It usually does not unwind in a matter of days. It takes several months of consolidation before you can actually take out the highs of such a point where such an event has actually happened.
Kumar Rakesh says: " While the market share of individual companies may have changed materially, pace of increase in the total share of the current top four companies has significantly slowed down in the recent months. That suggests to us that the bulk of the consolidation of the e2W industry is done. "