The company went public last August in an initial share sale that raised 6,145.56 crore. However, since then the company has been losing its market share continuously.
Following the news, Ola Electric shares fell 4% to ₹76.14 but later recovered and closed flat at ₹79.54.
The warning came after Bhavish Aggarwal, chairman and MD of the firm, had on December 2, 2024, shared details of Ola's plans for a four-fold expansion of its retail points on a social media platform, and not after disclosing to the exchanges.
Denne historien er fra January 09, 2025-utgaven av The New Indian Express Tirupati.
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Denne historien er fra January 09, 2025-utgaven av The New Indian Express Tirupati.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Paid subscriptions soar, but still OpenAI loses money!
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