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At 11:35, the stock was trading 9.3% higher at INR 55.50, taking the company’s market capitalisation to INR 24,475.10 Cr (about $2.7 Bn)
The stock’s uptrend defied the broader Indian market, with Sensex down 0.2% at 80,596 at the time
Ola Electric has been on an upward trend over the last few sessions due to improvement in its financial performance, plans to integrate its battery cells into its EVs and other growth initiatives
Continuing the strong momentum seen…
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.
At 11:35, the stock was trading 9.3% higher at INR 55.50, taking the company’s market capitalisation to INR 24,475.10 Cr (about $2.7 Bn)
The stock’s uptrend defied the broader Indian market, with Sensex down 0.2% at 80,596 at the time
Ola Electric has been on an upward trend over the last few sessions due to improvement in its financial performance, plans to integrate its battery cells into its EVs and other growth initiatives
Continuing the strong momentum seen…
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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