Ola Electric Shares Touch A Fresh Low At INR 33.81

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Continuing its downward spiral, listed EV major Ola Electric’s shares dropped 4.76% to touch a fresh all-time low at INR 33.81 during the intraday trading session on the BSE today. 

The shares have fallen about 55% from their IPO price of INR 76. The company went public in August 2024. 

At 12:42 IST, the shares of the company were trading 4.31% lower at INR 33.97. The company’s market capitalisation stood at INR 14,996 Cr (about $1.8 Bn).

On a year-to-date basis, the stock has crashed…



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Ola Electric Shares Touch A Fresh Low At INR 33.81


Continuing its downward spiral, listed EV major Ola Electric’s shares dropped 4.76% to touch a fresh all-time low at INR 33.81 during the intraday trading session on the BSE today. 

The shares have fallen about 55% from their IPO price of INR 76. The company went public in August 2024. 

At 12:42 IST, the shares of the company were trading 4.31% lower at INR 33.97. The company’s market capitalisation stood at INR 14,996 Cr (about $1.8 Bn).

On a year-to-date basis, the stock has crashed…



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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