Ola Electric Mobility shares fall below IPO price of Rs 76 as sell-off deepens
- Posted on October 29, 2024
- By Business News Today
- 2 Views
Ola Electric Mobility shares fall below IPO price of Rs 76 as sell-off deepens
Ola Electric shares fell 3.7% below the IPO price of Rs 76. The stock has lost over 50% of its market capitalization since its debut. The company has faced scrutiny from the CCPA due to rising consumer complaints. Data also shows Ola's market share shrinking to a 16-month low.
