Ola Electric investors, how are you all? As soon as the lock-in period ended, the companyโs share price dropped. To justify a valuation of โน39,000 crore, at least โน3,000 crore in revenue and a profit of โน50 crore or โน100 crore will be needed. Then, maybe it will be a good buy in the market if the company stays at this valuation. But I am fully confident that in a few days, it might become more expensive than Hero Motors and Tata Motors.
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