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.
Esta historia es de la edición January 09, 2025 de The New Indian Express Tirupati.
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Odisha lose but secure berth in WHIL final
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Patna med college ex-student held in NEET exam racket
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AP Police Plan to Extend ASTRAM All Over the State
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Capex spends may not see sharp rise
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MoD Okays Mazagon Dock Bid for P75 Submarines
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US sanctions start to impact supplies from Russia
Russian oil's share in BPCL's crude basket fell heavily
