Ola Electric Hits Fresh All-Time Low At INR 50.81

At 11:52 AM, the stock was trading at INR 51.41, down 4.4% from the previous close of INR 53.80. Ola Electric’s market capitalisation stood at INR 22,693.72 Cr

The stock has been on a downward trajectory for some time and has given a negative return of 7.3% and 24% in the last 5 days and month, respectively

The Bhavish Aggarwal-led startup went public in August last year, listing on the BSE at INR 75.99 as against the issue price of INR 76

Shares of Ola Electric fell for the third straight session on Tuesday (March…