India, Dec. 17 -- Continuing its freefall on the bourses, Bhavish Aggarwal-led Ola Electric's shares plunged to a fresh all-time low today. The company's shares slipped over 5% during intraday trading on the BSE today (December 17) to touch a new low of INR 32.68.

However, shares recovered slightly to end the day at INR 32.8, still marking a 4.87% decline from the previous close. Its market capitalisation stood at INR 14,520.45 Cr (about $1.61 Bn) at the end of the day.

Interestingly, the company's shares were trading at a 52-week high of INR 100.4 on December 17 last year. The company's shares have crashed over 57% on a year-to-date (YTD) basis and 64% from its listing price of INR 76.

Today's low follows cofounder and promoter Bhavis...