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Ola Electric Shares Lose Two-Thirds of Value From 52-Week Highs
The New Indian Express Sambalpur
|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.
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
Denne historien er fra March 11, 2025-utgaven av The New Indian Express Sambalpur.
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FLERE HISTORIER FRA The New Indian Express Sambalpur
The New Indian Express Sambalpur
TAMIL NADU'S BUMPY ROAD TO $1 TN
AMIL Nadu aspires to become a $1-trillion economy by 2030. However, it seems feasible only after 2031-32 given the amount of work needed on multiple fronts, ranging from effective decentralised governance and sectoral growth challenges to addressing intrastate regional disparities.
3 mins
October 30, 2025
The New Indian Express Sambalpur
NExT exams not to be implemented soon, deferred for 3-4 yrs, says NMC
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1 mins
October 30, 2025
The New Indian Express Sambalpur
Centre reviews progress on teaching higher edu in Indian languages
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1 min
October 30, 2025
The New Indian Express Sambalpur
‘Lalu wants son as CM, Sonia wishes her son is PM’
Addressing poll rallies, Shah hits out at RJD chief and Cong over corruption cases, says the game of Rahul and Lalu will be over on Nov 14
2 mins
October 30, 2025
The New Indian Express Sambalpur
SC to set up guidelines for framing of charges
SO IN TOP COURT
1 mins
October 30, 2025
The New Indian Express Sambalpur
10L hectares of crops hit by heavy rains in Gujarat
Cong warns of ‘Nepal-like’ stir over farmers’ demands
1 min
October 30, 2025
The New Indian Express Sambalpur
Cong warns of 'Nepal-like' stir over farmers' demands
GUJARAT Congress chief Amit Chavda issued a two-month ultimatum Wednesday to the Bhupendra Patel govt, warning of a massive Nepal-style revolt if the farmers’ demands were nor met.
1 min
October 30, 2025
The New Indian Express Sambalpur
India skips Turkey national day, to host Cyprus minister
IN a diplomatic signal reflecting the strain in bilateral relations, India on Wednesday stayed away from Turkish National Day celebrations in New Delhi, reflecting the continuing chill in ties over Ankara’s pro-Pakistan stance during Operation Sindoor and its repeated criticism on the issue of Jammu and Kashmir.
1 mins
October 30, 2025
The New Indian Express Sambalpur
BROTHERS IN CONFLICT, BOUND BY LEGACY
RAGHOPUR’S NEW ROAD, OLD LOYALTIES
2 mins
October 30, 2025
The New Indian Express Sambalpur
Amid setback, C’garh Maoists rejig top deck to keep banned outfit’s morale
THE strength of the politburo and the Central Committee (CC) of the banned CPI (Maoist) has dropped from 45 members to just 20 in the last couple of years, and is now a single digit.
1 min
October 30, 2025
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