Shares of Ola Electric slid 3.3% to their day’s 45.25 on the BSE on Monday, even after the electric vehicle maker refuted a South Korean media report that alleged the company had acquired foreign battery technology through improper means. Ola Electric issued a statement on Sunday dismissing the report as “misleading and baseless,” following claims … Read more
Shares of Ola Electric Mobility surged as much as 13% on Monday to Rs 61.14 on the BSE, extending a rally that has lifted the stock 29.6% over the past five sessions. The gains follow the company’s receipt of Production Linked Incentive certification for its Gen 3 scooters, a milestone management says will improve margins … 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