New Delhi, Dec. 5 -- The sell-off in Ola Electric Mobility shares shows no signs of easing, with the stock falling another 4% in Friday's trade on December 5 to hit an all-time low of Rs.34.81 apiece. This marks its sixth consecutive session of decline, taking the cumulative drop to 15%.

The stock has been under severe pressure since hitting a one-year high of Rs.71.25 apiece in September and has since lost 51% of its value, one of the biggest sustained corrections since its listing.

Between August and September, the stock had staged a brief recovery, rising 31% in August-its biggest monthly gain on record. However, the rally was short-lived, as the shares ended the last two months with double-digit losses.

Investor sentiment toward th...