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…