- August 19, 2024 11:57
Ola Electric Mobility: Dream run continues for Ola
Investors in the IPO must be laughing all the way, as shares of the pure electric vehicle company jumped nearly 75 per cent against the IPO price of ₹76.
According to HSBC Global Research, despite its conservative view on EV penetration in India along with other uncertainties, the global advisory firm believes Ola is still worth investing in.
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- August 19, 2024 11:56
Ola Electric Mobility performance in focus
Ola Electric Mobility recently reported revenue from operations of ₹1,644 crore for Q1 — up 32.3 per cent from ₹1,243 crore in the corresponding quarter last year. However, its consolidated loss widened to ₹347 crore (₹267 crore). But, on a sequential basis, the net loss narrowed from ₹416 crore.
The June quarter has been a “good quarter” in terms of growth and profitability, Aggarwal said in a post-earnings call.
- August 19, 2024 11:47
Ola Electric Mobility in focus: Ola Electric recently launched e-bikes, announces quick commerce foray
Ola Electric recently launched three electric motorcycles and announced the integration of its battery cells in its vehicles.
The electric motorcycle portfolio, ‘The Roadster Series‘ has three motorcycles – Roadster X, Roadster and Roadster Pro. The introductory price of the e-bikes start at ₹74,999.
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- August 19, 2024 11:09
Ola Electric Mobility shares were up 9.54% on the NSE, trading at ₹145.77 as at 11 am.
- August 19, 2024 10:12
Stock market update: Sensex, Nifty open higher
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- August 19, 2024 10:09
Ola Electric Mobility: Mcap in focus
The company’s total market valuation stood at ₹64,565.73 crore.
- August 19, 2024 10:07
Ola Electric Mobility shares in focus: Shares trade at the upper circuit
Ola Electric Mobility shares hit the upper circuit on the NSE and BSE. Shares traded at ₹146.38 on the NSE, higher by 9.99%.
On the BSE, the stock was up 10% to trade at ₹146.03 as at 10.05 am.
