Ola Electric Shares Slide 5% to Record Low, Fall Extends for Fifth Straight Session

Ola Electric shares drop 5 %, hitting record low and extending losses to fifth straight session.

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11 days ago

Ola Electric Shares Slide 5% to Record Low, Fall Extends for Fifth Straight Session

Ola Electric Shares Slide 5% to Record Low, Fall Extends for Fifth Straight Session
Shares of plunged about 5 % to hit an all-time low of ₹36.12, extending the downtrend to a fifth consecutive session. The stock has now more than halved from its IPO price and dipped sharply this month. Persistent weak sales, growing competition and performance concerns have dampened investor sentiment and triggered selling pressure.
Companies:
  • Ola Electric Mobility Ltd
Tags:
  • Ola Electric
  • share price