The discount has expanded to 57% today as markets account for higher volatility and risk for SoftBank investments, according to Boodry
Tokyo-based SoftBank reported a 950 billion yen ($6.4 billion), profit for the October-December quarter, a reversal from a 783 billion yen loss in the same period a year earlier.
The Bangalore-based EV startup has bookings for 50,000 units of the electric scooter till date.