New Delhi, April 8 -- It appears that investors are losing confidence in Ola Electric Mobility, India's leading two-wheeler electric vehicle manufacturer, as the shares have remained under severe stress in recent months, falling to levels not seen since its listing.

The stock has crashed 56% from its December 2024 high of Rs.102.50 to the current price of Rs.50.77 apiece, ending the last three months in the red. In the previous trading session, it touched a fresh record low of Rs.45.35 apiece, taking the current month drop to another 4.6% so far.

This sustained crash in Ola Electric's share price has pushed it 71% below its one-year high of Rs.157.40, which it attained in August 2024 and 33% below the IPO price of Rs.76 apiece.

The sha...