Shares of Ola Electric Mobility came under pressure on Thursday, October 8, falling as much as 3.63% to an intraday low of Rs 35 apiece on the NSE after the electric vehicle maker approved a rights issue to raise up to Rs 1,000 crore through partly paid-up equity shares.
At the last count, Ola Electric shares were trading at Rs 35.22 apiece on the NSE, down 3.0% from the previous close of ₹36.32. The stock traded in a range of Rs 35 to Rs 36.08 during the session.
