Ola Electric Shares Hit Fresh All-Time Low To INR 32.68

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SUMMARY

The company’s shares slipped over 5% during intraday trading on the BSE today (December 17) to touch a new low of INR 32.68

The company’s shares have crashed over 57% on a year-to-date (YTD) basis and 64% from its listing price of INR 76

Cofounder and promoter Bhavish Aggarwal offloaded 2.6 Cr shares or 0.6% stake in the company for INR 92 Cr via a block deal yesterday

Continuing its freefall on the bourses, Bhavish Aggarwal-led Ola Electric’s shares plunged to a fresh all-time low today. The company’s shares…



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Ola Electric Shares Hit Fresh All-Time Low To INR 32.68


SUMMARY

The company’s shares slipped over 5% during intraday trading on the BSE today (December 17) to touch a new low of INR 32.68

The company’s shares have crashed over 57% on a year-to-date (YTD) basis and 64% from its listing price of INR 76

Cofounder and promoter Bhavish Aggarwal offloaded 2.6 Cr shares or 0.6% stake in the company for INR 92 Cr via a block deal yesterday

Continuing its freefall on the bourses, Bhavish Aggarwal-led Ola Electric’s shares plunged to a fresh all-time low today. The company’s shares…



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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