Foreign brokerages including Goldman Sachs and Citi reduced their target prices on Ola Electric Mobility after lower-than-expected performance in the December quarter. The net loss of the electric vehicle manufacturer widened during the quarter to ₹564 core, against ₹376 crore reported a year ago. Company Value Change %Change While Citi revised its 12-month target price […]
Ola Electric Mobility Q3 Results: Net loss widens, revenue drops 19% – CNBC TV18
Recently listed Ola Electric Mobility Ltd. reported its December quarter results on Friday, February 7, where its losses widened compared to the same quarter last year. Company Value Change %Change Ola Electric’s Net loss for the quarter stood at ₹564 crore, which was wider than the loss of ₹376 crore during the same quarter last […]
Ola Electric Mobility shares surge 12%, back near IPO price on market share gains – CNBC TV18
Shares of Ola Electric Mobility Ltd. gained as much as 12% on Friday, January 31, after data showed that the company has gained market share in the month of January. Company Value Change %Change With Friday’s jump, the stock is back near its IPO price of ₹76. As of Thursday’s closing, shares of Ola Electric […]
Ola Electric Mobility gets an administrative warning from SEBI for timely disclosures – CNBC TV18
Shares of Ola Electric Mobility Ltd. will be in focus on Wednesday, January 8, after the company was issued an administrative warning by market regulator Securities and Exchange Board of India (SEBI). Company Value Change %Change In an email dated January 7, SEBI issued an administrative warning to Ola Electric in connection with the violation […]
Ola Electric Mobility share price nears ₹100 after store count expands to 4,000 – CNBC TV18
Shares of Ola Electric Mobility Ltd. gained as much as 6% on Thursday, December 26, after the company announced the expansion of its store count to 4,000. The company added more than 3,200 new stores co-located with service centres and this expansion spans beyond metros and tier-1 and tier-2 cities. Ola Electric has also opened […]
Marketbuzz Podcast With Hormaz Fatakia: Nifty looks to end final expiry of 2024 on a high on low volumes – CNBC TV18
Company Value Change %Change Hello and Welcome to the Marketbuzz Podcast on CNBC-TV18. Lets bring you up to speed with everything you need to be aware of before the day’s trading action. Nifty continues to remain in a range Final expiry of 2024 to be dominated by low volumes 200-DMA remains a […]
Ola Electric Mobility shares back near ₹100 after seventh day of gains in last eight sessions – CNBC TV18
Shares of Ola Electric Mobility Ltd. gained as much as 9% on Tuesday, December 3, marking the seventh day of gains out of the last eight trading sessions. Tuesday’s intraday high of ₹101.4 is the first time after October 4 that the shares of Ola Electric Mobility have crossed the mark of ₹100 in intraday […]
Top Stocks To Watch For November 11: Asian Paints, Tata Motors, LIC, Ola Electric and more – CNBC TV18
1 / 12 Tata Motors | Mutued domestic demand and production constraints at JLR weigh on results. Net profit fell 11.2% from last year to ₹3,343 crore. Revenue down 3.8% to ₹1.01 lakh crore. EBITDA down 12% to ₹12,159 crore. EBITDA margin down to 12% from 13.1% last year. JLR profitability impacted by temporary aluminium […]
October Auto Sales | Ola Electric record 74% growth in sales in October, holds 30% market share in EV two-wheelers – CNBC TV18
Ola Electric has reported an uptick in its vehicle registrations, with 41,605 units registered in October 2024 according to Vahan data. This marks a 74% increase compared to the same period last year. The company stated that it sold over 50,000 units during the month, securing a 30% share of the electric two-wheeler market. The […]
HSBC reiterates bullish stance on Ola Electric, maintains ‘buy’ rating with Rs 110 target – CNBC TV18
HSBC Global Research has reiterated its optimistic outlook for Ola Electric, maintaining a ‘buy’ rating for the electric two-wheeler maker’s scrip with a target price of ₹110 apiece. HSBC considers the stock as a high-risk, high-reward opportunity, emphasising that the company’s future upside largely hinges on the success of its electric vehicle (EV) bikes and […]