New Delhi New Delhi: Stocks of Bhavish Aggarwal-run Ola Electrical fell additional to a low of Rs 103 in step with percentage in morning industry on Wednesday, amid repeated warnings by way of industry analysts to retail buyers to look ahead to a extra strong access level. The electrical two-wheeler corporate’s inventory tumbled to Rs 103 in step with percentage, a large 35 in step with cent drop from its all-time prime of Rs 157.40.
Marketplace analysts have already warned particular person buyers to not be bullish on Ola Electrical inventory because of speculative valuations amid emerging pageant. Ola Electrical’s marketplace percentage is declining amid emerging pageant from opponents corresponding to TVS Motor and Bajaj Auto. Ola Electrical’s marketplace percentage fell to 31 in step with cent closing month. Ultimate month, the electrical automobile company recorded its lowest per thirty days gross sales, falling 34 in step with cent sequentially to 27,506 gadgets.
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2024-09-26 16:49:12