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Recent selling pressure weighs on electric vehicle stock sentiment
Ola Electric shares slipped after recent gains, with investors monitoring execution, EV sector trends, and valuation comfort amid heightened volatility.
Shares of Ola Electric declined after three consecutive sessions of gains, pushing the company’s market capitalisation below the ₹19,000 crore mark. Market participants attributed the move to profit booking following recent volatility and cautious sentiment around the electric vehicle sector. Investors are closely tracking delivery momentum, cost structures, and regulatory clarity as near term stock direction remains sensitive to both sector trends and company specific execution.