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New Delhi: Bhavish Aggarwal-run Ola Electric, which recently entered the public market, is fast losing market share in the domestic electric two-wheeler space to its rivals amid increasing competition, and market analysts have warned investors to remain “cautious” with its volatile stock. A latest Jefferies report said that TVS and Bajaj have expanded their portfolios…
New Delhi: Ola Electric Mobility on Wednesday reported loss at Rs 347 crore for the April-June quarter, compared to Rs 267 crore in the same period last fiscal. The Bhavish Aggarwal-led company, which is now a listed firm, saw its consolidated revenue from operations jump 32 per cent to Rs 1,644 crore in Q1 FY25,…
Stocks To Watch On August 14: 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. Q1FY25 Results on Wednesday:…
Stocks To Watch On August 9: The domestic market reversed its earlier gains and closed in red on Thursday as the RBI’s decision to hold its current policy with a caution. In today’s trade, shares of Grasim, Info Edge, LIC, Eicher Motors, SAIL among others will be in focus due to first quarter results and…
New Delhi52 minutes ago copy link Bhavish Aggarwal, Founder and CEO of Ola Electric. Digital mapping service company MapMyIndia has filed a lawsuit against Ola Electric for allegedly stealing its data and violating the license agreement to create Ola Maps, Forbes India has reported. According to the report, Map My India’s parent company CE Info…
Ola Electric is likely to open its initial public offering (IPO) for the public subscription next week — between August 2 and August 6, according to a Moneycontrol report. The Bhavish Aggarwal-owned company is preparing to launch the anchor book on August 1. It is a widely anticipated IPO among investors and its market debut…