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No-cost EMI from ₹4,584/mo No-cost EMI from ₹3,417/mo Find this comment offensive? Battery life remains a key reason for choosing the right iPhone. Compared to Samsung, OnePlus, and Google phones, Apple still trails behind a bit.
At this price point, the device could emerge as a best phone under India for users seeking premium features without flagship pricing. Riding that momentum, Vikram Solar, India’s eighth-largest solar photovoltaic (PV) module manufacturer by capacity, is set to launch its initial public offering of shares on 19 August. To those who put more emphasis on imaging when comparing phones, the features allow the V70 FE to feel more upscale than an average sub-Rs 40,000 phone. The phone has a slanted front to provide a 50-megapixel selfie camera with an autofocus feature that is a powerful point in terms of video calls, social media posts, and low-light selfies. And with its range of cool connected features, you can get your car to do exactly what you want minus the hassles.
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- Interestingly, the IPO price is 14% below Vikram’s most recent unlisted market price of ₹385 and nearly 30% off its peak level of ₹475, highlighting the risky nature of the unlisted market.
- Vehicle body colour and design may be different from the original product.
- The phone will run on Android 16 and have the OriginOS 6, and Vivo will guarantee up to six years of security patches, further giving the phone additional long-term value to acquire.
- Riding that momentum, Vikram Solar, India’s eighth-largest solar photovoltaic (PV) module manufacturer by capacity, is set to launch its initial public offering of shares on 19 August.
This car cares about you deeply and it shows it too. This car will never cramp your style because it has all it takes to make every drive a TLC session. Madhvendra has over seven years of experience in equity markets and writes detailed research articles on listed Indian companies, sectoral trends, and macroeconomic developments. At the IPO price, Vikram is asking for a steep 86x price-to-earnings multiple, which is more than double that of Waaree’s (37x) and Premier’s (42x).
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That puts the V70 FE squarely in the high-mid-range group where customers demand high end design quality, good camera features and large battery capacity without paying flagship prices. The initial cost of approximately Rs 37,999 would ensure it is priced lower than most of the flagship-level phones, yet high enough to show its massive battery, vibrant OLED screen, and 200-megapixel camera combination. In case the ultimate selling price actually is at Rs 37,999, Vivo will be offering a competitive product, more so to purchasers who desire a phone packed with features yet does not seem too flagshippy, beyond Rs 40, 000. It is these features that make a phone worth a premium launch price since they help to increase the longevity of the phone and minimize the chances of an early replacement.
Importantly, this expansion qualifies for the government’s production-linked incentive (PLI) scheme, which will offer an estimated incentive of ₹528.5 crore over five years. In that context, in-house solar cell manufacturing could reduce Vikram’s exposure to the global supply chain. The supply-chain dependence is skewed with the top five suppliers accounting for 44.9% of Vikram’s raw material costs, and the top 10 for 62.6%. Global pricing, trade policy, duties, competition, and the demand-supply scenario for solar cells fuel this volatility. Vikram has also consistently featured in BloombergNEF’s Tier-I list since 2014, signalling bankability and execution strength. A key competitive advantage is its listing under the ministry of new and renewable energy’s approved list of modules and manufacturers (ALMM).
But receivables account for 36% of revenue, which is a red flag. Operating leverage has played out as well, as capacity utilisation improved. The key driver was strong domestic demand for PV modules following ALMM enforcement and levy of basic customs duty. Its top five customers contribute 77.5% of revenue, and the top 10 account for 88.7%. To strengthen its domestic presence, the company intends to leverage e-commerce by launching a proprietary platform and introducing new project categories such as inverters, cables, and solar kits. The revenue is diversified across states, with customers from Gujarat (36.6%), Rajasthan (12.2%), and New Delhi (10.8%) contributing the most.
Want to have a virtual tour batery bet of the car? Vehicle body colour and design may be different from the original product. Which means, the car can take you all around the town several times over, without a break. With the 17.3 kWh Prismatic Li-ion battery, MG Comet EV powers your drive for the long run. Isn’t it sweet when someone takes care of all your needs?
