2025-08-22Niranjan Ghatule
Ola Electric shares plunged over 8% on August 21, 2025, after a two-day rally that saw the stock jump nearly 30%. The fall was triggered by profit booking and weaker EV registration data compared to rival Ather Energy. Despite ambitious plans in battery technology, vertical integration, and GST reform benefits, Ola Electric remains a loss-making company with revenues down nearly 50% year-on-year
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