India, April 7 -- Shares of Ola Electric nosedived over 13% to touch a fresh all-time low of INR 45.55 during the intraday trading session on the BSE today.

With a slump in its share price, the company's market capitalisation stood at INR 21,613 Cr with more than 2.37 Cr shares traded hands by 12:35 PM.

At the time of writing, the stock recouped almost half of its losses and was trading 6.5% lower from its previous close (April 4) of INR 52.44 on the BSE.

The decline in EV mobility company's share price came amid broader market decline and global market crash after US President Donald Trump announced reciprocal tariffs on a host of countries.

(The story will be updated soon)

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