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Ola Electric Shares Lose Two-Thirds of Value From 52-Week Highs

The New Indian Express Kannur

|

March 11, 2025

OLA ELECTRIC MOBILITY is witnessing a decline in its share price, losing two-thirds of its value since its peak in August 2024.

- ENS ECONOMIC BUREAU @ New Delhi

The stock, which hit an all-time high of Rs 157.53 on August 20, 2024, is now trading at Rs 53.80, reflecting a steep discount of 66%. This sharp decline is attributed to a combination of factors, including falling sales, accumulating losses, and regulatory hurdles. On Monday, shares of the electric two-wheeler manufacturer fell nearly 5% following reports of store raids, vehicle seizures and the shutdown of showrooms. This drop mirrors a similar decline the company experienced recently when it laid off nearly 1,000 employees as part of cost-opt

FLERE HISTORIER FRA The New Indian Express Kannur

The New Indian Express Kannur

India waits for clear US signals on how Russian oil curbs will play out

Trade pact talks stay the course; need more clarity on crude oil sanctions, say officials

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2 mins

October 26, 2025

The New Indian Express Kannur

His Second Shot

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2 mins

October 26, 2025

The New Indian Express Kannur

Pakistan's total public debt 13% higher than last year

PAKISTAN’S total public debt reached USD 286.832 billion as of June 2025, which is almost 13 per cent higher than the previous year, according to the official data.

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1 min

October 26, 2025

The New Indian Express Kannur

The New Indian Express Kannur

In Hinduism, Even the Creator was Created

The word Sanantan Dharma used by politicians tries to proclaim that Hinduism is unchanging and the only disruption came because of Muslims and British, and their political opponents.

time to read

3 mins

October 26, 2025

The New Indian Express Kannur

TO BELIEVE OR NOT: FIGHTING DISINFORMATION

O believe or not to believe—that is the question confronting most of us in these times of information inundation.

time to read

3 mins

October 26, 2025

The New Indian Express Kannur

The New Indian Express Kannur

Frescoes of a Forgotten Facade

This Nawalgarh haveli is a confluence of Rajasthani architecture and European design

time to read

2 mins

October 26, 2025

The New Indian Express Kannur

The New Indian Express Kannur

A Rhythm for Reverence

Lavani Ke Rang breaks Lavani away from the popular perception that it is obscene and vulgar, while retaining its sensual spirit

time to read

3 mins

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The New Indian Express Kannur

What is Real could Also be Unreal

The narrative explores how performance blurs the boundaries between identity, truth, and family

time to read

3 mins

October 26, 2025

The New Indian Express Kannur

C’GARH PLANS TO MAKE INTEGRATED CAPITAL REGION LINKING 4 CITIES

THE BJP-ruled Chhattisgarh government will venture into the major development plan next month, creating the State Capital Region (SCR) after Governor Ramen Deka approved a bill passed during the last monsoon session in the Assembly.

time to read

1 min

October 26, 2025

The New Indian Express Kannur

The New Indian Express Kannur

'We All Belong to the Same Roots'

Filmmaker Rishab Shetty speaks to Shama Bhagat about the grand prequel, Kantara Chapter 1, and what it's like to wear many creative hats

time to read

3 mins

October 26, 2025

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