Post on Medial

Hemanth Varma

Stealth • 24d

Ola Electric shares crashed 51% from record high level; here's what investors can do The Centre has intensified its scrutiny of Ola Electric's handling of consumer complaints, following a showcause notice issued by the Central Consumer Protection Authority (CCPA). This examination includes plans to conduct independent sampling to determine the validity of Ola Electric's claim that it has resolved 99% of customer complaints, sources told Business Today TV. Shares of Ola Electric Mobility Ltd have more than halved from their all-time high levels. The stock on Monday settled 0.45 per cent higher at Rs 77.67. At this closing price, it has cracked 50.70 per cent from a record high value of Rs 157.53, touched on August 20, 2024.

5 replies3 likes
Replies (5)

More like this

Recommendations from Medial

Image Description
Image Description

Aakash kashyap

Stealth • 1m

Ola Electric has received a show cause notice from the Central Consumer Protection Authority due to numerous customer complaints regarding scooter quality, manufacturing defects, and overcharging.

6 replies6 likes

Om Raut

Stealth • 3m

🔴Heyy it's been few days since Ola Electric IPO been listed !!! 📌How do you feel about Ola Electric's IPO ??

0 replies8 likes
Image Description
Image Description

financialnews

Stealth • 10h

"Ola Electric Restructures Workforce: Announces 500 Job Cuts for Optimization" "Ola Electric's Workforce Optimization Follows Sister Company Ola Consumer's 10% Staff Reduction in April Restructuring Move" "Electric two-wheeler manufacturer Ola Elec

See More
3 replies1 like

Shreyas Ramdasi

Stealth • 6m

FMCG major Marico shares zoom nearly 10% after Q4 earnings The company’s stock jumped 9.73 per cent to Rs 582.75 on the BSE and zoomed 9.83 per cent to Rs 582.45 apiece on the NSE. Shares of FMCG major Marico Ltd advanced nearly 10 per cent on Tuesda

See More
0 replies2 likes
Anonymous
Image Description
Image Description

Warren Buffett has sold Apple shares worth a record $76 billion. 📉 This represents 49% of the shares in his portfolio, and the cash balance of his company Berkshire Hathaway has risen to $277 billion — a record high. 💵 Buffett anticipated a U.S.

See More
4 replies17 likes
Image Description
Image Description

Payal Manghnani

Stealth • 5m

Ola Electric has recently been granted approval by SEBI to launch an IPO, making it the first electric two-wheeler manufacturer in India to achieve this milestone. Can anyone provide me more information about Ola Electric's IPO plans and how it wil

See More
5 replies8 likes
Image Description
Image Description

Jayant Ahir

Stealth • 1m

'reality of ola electric " !!!!!

12 replies20 likes
1
Image Description

Mahendra Lochhab

Stealth • 3m

Ola Electric has introduced e-motorcycle series 'Roadster', price will start from ₹ 75,000. Delivery of Ola Roadster Pro will start from Diwali 2025.

1 replies3 likes
Anonymous

Bengaluru-based Ola Electric Mobility has set a price band of Rs 72-76 per share for its IPO, which will open for subscription on Friday, August 2. This values the company at Rs 33,522 crore or $4 billion, marking a 30% decrease from its December 2

See More
0 replies5 likes

Vaibhav Babruwan Shingde

Stealth • 3m

Interesting One : • Bhavish Aggarwal, CEO of Ola Electric, called MapMyIndia's legal notice "opportunistic." • MapMyIndia says Ola Electric misused its mapping data for the Ola Maps platform and broke their licensing agreement. • Aggarwal stated t

See More
0 replies4 likes

Download the medial app to read full posts, comements and news.