Ola Electric Crashes 6.4%, Stock Down 20% From IPO Price

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SUMMARY

Ola Electric sank 6.4% to hit its all-time low at INR 60.13 apiece during the intraday trading on the BSE

The stock ended in the red in the previous seven trading sessions

The EV maker’s shares are now trading nearly 20% below the IPO issue price of INR 76 per share

Shares of Bhavish Aggarwal-led Ola Electric sank 6.4% to hit their all-time low at INR 60.13 apiece during the intraday trading on the BSE on Friday (February 14).

At 12:17 PM, the stock was trading 5.7% lower at INR 60.58 against its previous close of…



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Ola Electric Crashes 6.4%, Stock Down 20% From IPO Price


SUMMARY

Ola Electric sank 6.4% to hit its all-time low at INR 60.13 apiece during the intraday trading on the BSE

The stock ended in the red in the previous seven trading sessions

The EV maker’s shares are now trading nearly 20% below the IPO issue price of INR 76 per share

Shares of Bhavish Aggarwal-led Ola Electric sank 6.4% to hit their all-time low at INR 60.13 apiece during the intraday trading on the BSE on Friday (February 14).

At 12:17 PM, the stock was trading 5.7% lower at INR 60.58 against its previous close of…



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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