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Rohan Saha

complicated Investor • 5m

Ola Electric investors, how are you all? As soon as the lock-in period ended, the company’s share price dropped. To justify a valuation of ₹39,000 crore, at least ₹3,000 crore in revenue and a profit of ₹50 crore or ₹100 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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