Defying all the precautionary notes issued by analysts about investing in the company for short-term gains, the stock jumped 10% (upper circuit limit) on Monday to settle at ₹146.03 per share on the BSE. It debuted on exchanges at issue price of 76 on August 9.
"While the long-term potential of Ola Electric, given EV market's favorable outlook, might be appealing, the current valuation appears to be quite speculative. Investors should be cautious given the company's ongoing losses and high volatility in its stock price.
Esta historia es de la edición August 20, 2024 de The New Indian Express.
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Esta historia es de la edición August 20, 2024 de The New Indian Express.
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