Ola Electric Shares Slump 2.6% To Hit Fresh All-Time Low 

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SUMMARY

Ola Electric has experienced significant volatility in recent times with a negative return of 29.27% in the year-to-date

Although the company has been diversifying its offerings with new product launches and segueing into the EV bike segment, its consolidated net loss widened 50% YoY to INR 564 Cr in Q3 FY25

While Ola Electric was behind TVS and Bajaj in terms of escooter sales in December 2024, it reclaimed its top spot in India’s electric two-wheeler market in January

Extending its loosing streak for the eight…



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Ola Electric Shares Slump 2.6% To Hit Fresh All-Time Low 


SUMMARY

Ola Electric has experienced significant volatility in recent times with a negative return of 29.27% in the year-to-date

Although the company has been diversifying its offerings with new product launches and segueing into the EV bike segment, its consolidated net loss widened 50% YoY to INR 564 Cr in Q3 FY25

While Ola Electric was behind TVS and Bajaj in terms of escooter sales in December 2024, it reclaimed its top spot in India’s electric two-wheeler market in January

Extending its loosing streak for the eight…



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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