Archive · 25 Jun 2025

Ola Electric Shares Plunge After Poor Financial Results

Ola Electric Shares Plunge After Poor Financial Results

Ola Electric, a company that makes electric vehicles, has seen a big drop in its stock price, losing 72% of its value since its highest point.

This happened because the company lost a lot of money in the last three months, and their income went down a lot.

They sold fewer vehicles compared to the previous year, which made investors worried.

Despite the whole year's sales being higher than the previous year, the company's financial health is still a concern.

Experts suggest investors hold the stock.

Sources