Ola Electric Shares Crash 10% After Q4 Results

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SUMMARY

Ola Electric’s net loss reported surged 109% year on year and 54% quarter on quarter to INR 870 Cr in Q4 FY25

Kotak Institutional Equities has projected a 43% downside in Ola Electric’s share price, warning that it could fall to as low as INR 30 apiece

The stock has now declined 68% (at current market price) from its 52-week high of INR 157.53, recorded on August 20 last year

Shares of Ola Electric slumped as much as 9.7% to INR 48.07 during early trading hours on the BSE today, after the company reported its Q4…



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Ola Electric Shares Crash 10% After Q4 Results


SUMMARY

Ola Electric’s net loss reported surged 109% year on year and 54% quarter on quarter to INR 870 Cr in Q4 FY25

Kotak Institutional Equities has projected a 43% downside in Ola Electric’s share price, warning that it could fall to as low as INR 30 apiece

The stock has now declined 68% (at current market price) from its 52-week high of INR 157.53, recorded on August 20 last year

Shares of Ola Electric slumped as much as 9.7% to INR 48.07 during early trading hours on the BSE today, after the company reported its Q4…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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