Ola Electric shares tank 8.5% as 3-month lock-in period expires
The share price of Bhavish Aggarwal-led electric vehicle company drops low listing price, touching its lifetime low of ₹73.70
bhavish aggarwal forty under forty snapshot
November 2024
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Ola Electric gets show cause notice from CCPA
Ola Electric says the Central Consumer Protection Authority has provided a timeline of 15 days to the company to respond to the show cause notice.
Ola Electric sales fall for second month in a row
Bajaj Auto sold 18,933 electric scooters in September, taking over TVS Motor as the second-largest electric two-wheeler player during the month.
Ola Electric to ramp up network amid service delays
Ola Electric currently has around 800 company-owned stores but only about 500 service centres.
Ola Electric shares sink 5% as one-month lock-in period expires; 18.18 crore stocks eligible for trade
Around 18.18 crore shares, representing 4% of Ola's outstanding equity, will become eligible for trading in the secondary market from today.
From ₹76 to ₹146: Ola Electric shares nearly double in 6 sessions
The BSE has revised the circuit limit of Ola Electric Mobility from 20% to 10% to stop any unduly rising of the stock price.
Newly listed Ola Electric’s Q1 loss widens to ₹347 crore; revenue grows 32%
Sequentially, the loss of Ola Electric dropped 16% from ₹416 crore in March quarter of 2024, while revenue slipped by 2.9% from ₹1,598 crore in Q4 FY24.
Ola Electric shares hit 20% upper circuit for 2nd session; m-cap rises by nearly ₹15,000 cr
The auto stock has risen 44% in two sessions against its IPO price of ₹76, while its m-cap has surged by ₹14,737 crore to ₹48,259 crore.
Ola Electric's 20% rally on IPO debut makes investors richer by ₹6,704 cr
Ola’s co-founder and CEO Bhavish Aggarwal, who owns 1,32,39,60,029 shares in the company, is now worth ₹12,074.5 crore.
