Ola Electric Slides 5% To Hit Fresh All-Time Low At INR 38.03

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SUMMARY

This number represented a decline of 62.9% from the 52-week high of INR 102.50 on December 4, 2024

The company’s market capitalisation stood at INR 16,774.39 Cr (about $1.8 Bn) at the end of the session

The downslide in the shares comes at a time when the company has been struggling with high losses, declining market share in E2W market

Extending its losing streak for the fourth consecutive session, shares of EV maker Ola Electric slumped 5% to hit a fresh all-time…



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Ola Electric Slides 5% To Hit Fresh All-Time Low At INR 38.03


SUMMARY

This number represented a decline of 62.9% from the 52-week high of INR 102.50 on December 4, 2024

The company’s market capitalisation stood at INR 16,774.39 Cr (about $1.8 Bn) at the end of the session

The downslide in the shares comes at a time when the company has been struggling with high losses, declining market share in E2W market

Extending its losing streak for the fourth consecutive session, shares of EV maker Ola Electric slumped 5% to hit a fresh all-time…



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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