Ola Electric Crashes 6.4%, Stock Down 20% From IPO Price

Ola Electric sank 6.4% to hit its all-time low at INR 60.13 apiece during the intraday trading on the BSE

The stock ended in the red in the previous seven trading sessions

The EV maker’s shares are now trading nearly 20% below the IPO issue price of INR 76 per share

Shares of Bhavish Aggarwal-led Ola Electric sank 6.4% to hit their all-time low at INR 60.13 apiece during the intraday trading on the BSE on Friday (February 14).

At 12:17 PM, the stock was trading 5.7% lower at INR 60.58 against its previous close of…