Ola Electric Shares Touch A Fresh Low At INR 33.81

Continuing its downward spiral, listed EV major Ola Electric’s shares dropped 4.76% to touch a fresh all-time low at INR 33.81 during the intraday trading session on the BSE today. 

The shares have fallen about 55% from their IPO price of INR 76. The company went public in August 2024. 

At 12:42 IST, the shares of the company were trading 4.31% lower at INR 33.97. The company’s market capitalisation stood at INR 14,996 Cr (about $1.8 Bn).

On a year-to-date basis, the stock has crashed…