Mobility

Ola Electric Mobility Share Price Hits Three-Week Low As Anchor Investors Ready To Offload Stake

.Shares of Ola Electric Mobility Ltd. declined to over three-week low on Monday, as support capitalists are actually readied to market shares. In the preliminary of allotment sale, support investors will release 18.17 crore reveals or 4.08% of its own overall equity. Support financiers are needed to hold stake for a minimum required of 30 days. They can easily market up to 50% of their current holding. The upcoming sphere of support manual is offered to buy on Nov. 8. Ola Electric Movement inventory specified standard on Aug. 9, reviewed to a problem rate of Rs 76 apiece. On the directory time, the sell ended twenty% greater at Rs 91.2 apiece on the National Stock Exchange.