Shares of Ola Electric Mobility Ltd. fell as much as 6% on Monday, March 17, after a high security number plate manufacturer and vehicle registration agency sued the company for defaulting on payments. With this, the stock fell below the mark of ₹50 apiece. Ola Electric, in an exchange filing over the weekend, mentioned that […]
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 […]
Ola Electric gains 3% after company lists out steps taken to improve its rep – CNBC TV18
The shares of Ola Electric rose more than 3% on Tuesday, October 15, a day after the electric vehicle company listed steps it was taking amid rising consumer complaints. The company has come under scanner after the Central Consumer Protection Authority (CCPA) issued a show cause notice to Ola Electric following a wave of over […]
Ola Electric shares double from IPO price but then fall 12% from highs after block deal – CNBC TV18
Shares of Ola Electric Mobility Ltd. gained as much as 7.6% on Tuesday morning to hit a high of ₹157.5 per share. The initial surge meant that the stock had doubled from its IPO price of ₹76 per share. However, the stock turned from the highs and slipped into negative territory. Shares have corrected nearly […]