Ola Electric Mobility shares are in focus today after the electric scooter maker announced on Friday that it will double its company-owned service center network to 1,000 by December as part of its newly launched Hyperservice, a campaign aimed at boosting electric vehicle (EV) adoption in the country. “With #HyperService we’re expanding our network and … Read more
The journey of shifting to electric mobility is not going to be easy for automakers as it is tough to generate profitable margins and get scale in the electric vehicles (EVs) segment, says a research report by Bernstein. The report noted that generating sufficient margins and scaling up in the EV space is difficult, even … Read more
Ola Electric Mobility shares rose 4.4% to Rs 143.8 in Wednesday’s trade on BSE after the electric two-wheeler maker received certification for production-linked incentive (PLI) benefits for two more of its vehicles. The 3 kWh (kilowatt hour) and 4 kWh versions of Ola S1X have received the certification for compliance with the eligibility requirement for … Read more
Domestic markets remained lackluster and closed flat on Wednesday, taking a pause after Tuesday’s decline. In today’s trade, shares of Ola Electric, Hindustan Zinc, SpiceJet, SBI, Glenmark Pharma among others will be in focus due to various news developments and first quarter results. Hindustan ZincHindustan Zinc Limited (HZL) has announced its offer for sale from … Read more
Ola Electric shares, which have rallied 49% since their listing, are drawing attention on Wednesday as the company prepares to announce its first-quarter results for FY2025. On Friday last week, the company announced that its board will be holding its first board meeting after the listing on August 14, announcing the first quarter results for … Read more
Domestic markets extended losses for a second straight day on Tuesday as Sensex tumbled nearly 700 points. In today’s trade, shares of Hero MotoCorp, Hindalco, Apollo Hospitals, Vedanta, Ola Electric among others will be in focus due to various news developments and first quarter results. HAL, Ola Electric, Mazagon Dock Shipbuilders, Bandhan BankShares of HAL, … Read more
Several widely followed companies, including Vodafone Idea, Hindustan Aeronautics (HAL), Mazagon Dock, Hero MotoCorp, IRFC, IRCTC, HUDCO, Apollo Hospitals, Samvardhana Motherson, GMR Airports Infrastructure, Nykaa, and Ola Electric will be releasing their June quarter report cards this week. Here’s the list: 12th August AIA Engineering, Balrampur Chini Mills, Borosil Renewables, Campus Activewear, Cera Sanitaryware, DOMS … Read more
The newly-listed Ola Electric Mobility on Friday announced that it will be holding its first board meeting after the listing on the exchanges, scheduled for August 14, 2024. “Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that … Read more
The initial public offering (IPO) of Ola Electric has been fully subscribed on day two of bidding process on Monday. The issue was booked 35% on day one. The issue attracted bids for 49,43,85,840 shares or 1.06 times the issue size of 46,51,59,451 shares. The quota reserved for retail individual investors (RIIs) was subscribed 2.87 … Read more
Electric vehicle maker Ola Electric is planning to launch the biggest IPO of this year, by raising just over Rs 6,100 crore, later this week. The company has priced the issue in the range of Rs 72-76, valuing it around Rs 33,522 crore at the upper end. Considering the pricing for the IPO, two funds … Read more
