The Latest Breaking News from Ola Electric

F&O Talk: Nifty plunged 2% this week. Do charts indicate a bearish picture for coming week?

SBI Securities’ Sudeep Shah expects continued weakness in Indian equities as FII positioning, rising volatility and technical indicators point to further pressure. He identifies key Nifty support and resistance levels and flags IT as a relatively stronger sector.

The Economic Times · 1h ago

Ola Electric shares dip 5% after Goldman Sachs downgrades stock to Sell. Here’s why

Ola Electric shares fell sharply on Friday after Goldman Sachs downgraded the stock to Sell from Neutral and cut its target price to Rs 23, implying a 28% downside. The brokerage lowered its FY27-FY29 revenue estimates by up to 10%, citing prolonged operating losses and challenges in sustaining market share.

The Economic Times · Oct 23

Motilal Oswal entities apply for 2.39 crore Ola Electric shares in Rs 1,000-crore rights issue

Motilal Oswal Financial Services and Calliope Capital Advisors have put in their bids for shares in Ola Electric Mobility's latest rights issue, which is set to raise Rs 1,000 crore by offering partly paid-up shares at Rs 27 each. The rights issue commenced on Thursday and will conclude on October…

The Economic Times · Oct 22

Stocks in news: TCS, Adani Enterprises, Ola Electric, HCL Tech, Tata Power and Varun Beverages

Indian equities fell as the Reserve Bank of India increased the repo rate by 25 basis points. The Nifty 50 closed down 0.76%, facing resistance at the 22,800 level. Key corporate developments regarding Adani Enterprises, Tata Consultancy Services, Ola Electric, and HCL Tech will be in focus. Other companies like…

The Economic Times · Oct 8

Ola Electric board approves Rs 1,000 crore fundraise via rights issue

The issue will be offered to eligible shareholders as of a record date, which will be announced later, the filing said. The board is yet to finalize key terms of the issue, including the total number of shares, issue price, timing, and payment terms.

The Economic Times · Sep 28

Ahead of Market: 10 things that will decide stock market action on Monday

Indian equity benchmarks Sensex and Nifty ended higher on Friday, bouncing back to close at 73,896 and 23,140.50 respectively. Geojit’s Vinod Nair cited strong domestic liquidity holding Nifty above 23,000, while elevated crude prices and persistent foreign outflows continue to cap near-term market upside ahead of Monday's trade.

The Economic Times · Sep 27

Ola Electric shares tumble 9% after 17% rally in 4 days. Why brokerages remain cautious

Ola Electric shares fell sharply on Friday, snapping a four-day winning streak as investors assessed the EV maker’s proposed rights issue and ongoing funding needs. Despite a recent recovery, the stock remains well below its peak. Brokerages including Citi and Kotak continue to maintain bearish views, citing operational and cash-burn…

The Economic Times · Sep 25

Ahead of Market: 10 things that will decide stock market action on Friday

Indian equities suffered a sharp selloff, with Sensex plunging 1,248 points and Nifty falling 1.6% as US Treasury yields hit 19-year highs, crude stayed above $100 and geopolitical concerns intensified. Financial stocks led losses, while market breadth remained heavily negative.

The Economic Times · Sep 24

Ola Electric to consider rights issue as it looks to raise fresh capital

The proposed fundraise, which will be subject to regulatory and statutory approvals, comes weeks after the company’s board okayed plans to raise up to Rs 1,500 crore through equity shares and other securities.

The Economic Times · Sep 23

Ahead of Market: 10 things that will decide stock market action on Thursday

Indian equities closed higher on Wednesday, with Sensex gaining 299 points and Nifty rising 118 points as crude prices eased below $99. Broader markets outperformed, while metals and banking stocks led gains amid stronger domestic growth signals and positive market breadth.

The Economic Times · Sep 23