Shares of pure-play two-wheeler EV major Ola Electric Mobility hit a 5% upper circuit of Rs 55.38 on Thursday, October 16, after the company announced its foray into the energy storage business with its new product Ola Shakti. With today’s gain, the stock has hit a 5% upper circuit for a second consecutive session and … Read more
Japan’s SoftBank Group sold a 2.15% stake in Indian electric scooter maker Ola Electric over two months, reducing its holding to 15.68% from 17.83%, an exchange filing showed on Thursday. “SVF II OSTRICH (DE) LLC has disposed of an aggregate of 94,943,459 equity shares of Ola Electric Mobility Limited in a series of disposals undertaken … Read more
Shares of Ola Electric Mobility surged as much as 6.6% on Tuesday to Rs 51.80 on the BSE after the company announced that it has secured Production Linked Incentive (PLI) certification for its Gen 3 scooter portfolio, a move the company said will strengthen margins and profitability from the ongoing quarter of the current financial … Read more
360 One Wam – USD 7 mn One 97 Communications (Paytm) – USD 4 mn J.B. Chemicals & Pharma – USD 4 mn Kaynes Technology India – USD 4 mn Afcons Infrastructure – USD 3 mn L&T Finance – USD 3 mn Go Digit General Insurance – USD 2 mn Kpr Mill – USD 2 … Read more
Mumbai: Shares of electric two-wheeler maker Ola Electric Mobility rallied about 20% on Monday, the biggest single-day move in eight months, after the company’s first-quarter results were better-than-expected. The stock is best suited for high-risk traders and investors, as analysts warn of continued sharp price swings in months ahead. Ola ended at ₹47.7 on Monday, … Read more
The Nifty index has fallen by around 12% from its 52-week high, while the Nifty 500 index has dropped about 14% during the same period. Notably, 37 stocks in the Nifty 500 index have seen a decline of over 50%. We have highlighted the worst performers, with stocks down between 55% and 66% from their … Read more
Shares of Ola Electric Mobility today jumped 4.45% to their day’s high of Rs 85.30 on the BSE after the company announced that it has resolved approximately 99.1% of the 10,644 complaints received from the Central Consumer Protection Authority (CCPA). In a stock exchange filing, the company said, “We wish to reiterate that Ola Electric … Read more
Shares of Ola Electric Mobility fell 9.4% to Rs 89.7 in Monday’s intraday trade on the BSE, following a heated exchange between the company’s founder and CEO, Bhavish Aggarwal, and comedian Kunal Kamra on X (formerly Twitter). The confrontation centered around the service issues of Ola Electric’s scooters. The verbal confrontation was sparked by Kamra’s … Read more
Ola Electric Mobility shares rose 4.4% to Rs 143.8 in Wednesday’s trade on BSE after the electric two-wheeler maker received certification for production-linked incentive (PLI) benefits for two more of its vehicles. The 3 kWh (kilowatt hour) and 4 kWh versions of Ola S1X have received the certification for compliance with the eligibility requirement for … Read more
