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.
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