Ola electric shares today: Ola Electric saw its shares rise as much as 5 per cent on Monday, touching an intraday high of Rs 49.40, after reports emerged that Niti Aayog is stepping up efforts to accelerate the shift toward electric motorcycles in India. According to Hindu Businessline, the government’s policy think tank has called a…
Electric scooter maker Ola Electric Mobility (OLAELEC) on Monday reported a consolidated net loss of Rs 428 crore for the quarter ended June 30, narrowing from a net loss of Rs 870 crore for the previous three months. The latest quarterly loss, however, was wider than Rs 347 crore for the corresponding period a year ago. Ola Electric…
Hyundai, Kia sell Ola Electric shares: Hyundai Motor Company and Kia Corporation have completely exited their investment in Bhavish Aggarwal’s Ola Electric Mobility. South Korean automotive giants jointly sold their entire stake worth approximately Rs 690 crore through a block deal. According to bulk deal data from the National Stock Exchange (NSE): Hyundai sold 10.88…