We all know how well connected Adani group is with the central government projects and recently there is a news that Adani transmission has incorporated an arm to undertake smart meter business(links below). Although smart meter related news is within the market for many years but now it seems certain that it going to take off in full throttle and Shivalik would be the beneficiary.
In short, it seems like that both the EV and smart meter business is going to takeoff in upcoming years. This is indeed very good signs for Shivalik as this two business stream would contribute the maximum growth for the company.
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