India, Feb. 10 -- Electric vehicle maker Ola Electric's shares fell nearly 4% to INR 67.43 apiece during the intraday trading session on the BSE today (February 10).
Shares were last down over 3% at INR 67.80 apiece, as of 12:04 PM, on the BSE, while its market capitalisation currently stands at INR 29,905.43 Cr ($3.4 Bn).
The stock closed at INR 70.02 per share on the BSE, on Friday (February 7).
Last week, the Bhavish Aggarwal-led EV company saw its consolidated net loss widened by 50% to INR 564 Cr in Q3 FY25 from INR 376 Cr in the year-ago quarter, while operating revenue declined 19% to INR 1,045 Cr during the quarter under review from INR 1,296 Cr in Q3 FY24.
Ola Electric attributed the weak Q3 performance to high competitive in...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.