Ola Electric shares slide 6% to all-time low after fresh block deal
- Posted on June 23, 2025
- By Business News Today
- 2 Views
Ola Electric shares slide 6% to all-time low after fresh block deal
Ola Electric shares hit an all-time low on Monday after a fresh block deal involving 0.8% equity. The stock has plunged 43% from its IPO price amid weak Q4 earnings, rising losses, and falling deliveries. Analysts remain cautious, with a consensus ‘Hold rating and Rs 59 target price.
