New Delhi, June 3 -- Shares of Ola Electric, the electric two-wheeler manufacturer, tumbled 7% in intraday deals on Tuesday, June 3, amid reports of a block deal in the counter.

According to a CNBC TV-18 report, 3.23% equity or 14.22 crore shares of the company changed hands at Rs.51.4 per share. The report, citing sources, said that Hyundai was the likely seller in the Ola Electric block deals.

More to come.

Published by HT Digital Content Services with permission from MINT....