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Ola Electric Shares Lose Two-Thirds of Value From 52-Week Highs
The New Indian Express Nagapattinam
|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
Bu hikaye The New Indian Express Nagapattinam dergisinin March 11, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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The New Indian Express Nagapattinam'den DAHA FAZLA HİKAYE
The New Indian Express Nagapattinam
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The New Indian Express Nagapattinam
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1 min
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The New Indian Express Nagapattinam
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3 mins
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The New Indian Express Nagapattinam
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1 min
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The New Indian Express Nagapattinam
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1 min
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The New Indian Express Nagapattinam
BJP steps up attack on Didi over SIR remarks, accuses her of ‘inciting riots’ in state
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1 min
October 11, 2025
The New Indian Express Nagapattinam
Nobel laureates Abhijit Banerjee, Duflo to leave US
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1 min
October 11, 2025
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