You think Ola Electric is in trouble? You’re not even close
On June 23, Ola Electric’s stock crashed to an all-time low of ₹43. This week, the stock staged a brief rebound, jumping nearly 20% in a single session. But at ₹47, it’s still trading far below its IPO price of ₹76 and more than 70% off its post-listing peak. On an earnings call, founder Bhavish Aggarwal insisted the…
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