Synopsis : Ola Electric shares have crashed 70% from their peak, Q2 showed a sharp YoY slowdown, where revenue fell 43%, total income down 42% and losses were still high. Management, however, is guiding for margin expansion, improving unit economics and cell manufacturing revenue from Q4.
This company is an electric vehicle company that primarily manufactures electric vehicles and core components for electric vehicles is now in the spotlight after reporting its Q2 results and guidance given by the management.
With market capitalization of Rs. 20,978 cr, the shares of Ola Electric Mobility Ltd are currently trading at Rs. 48 per share, hit a 5% lower circuit in today’s market session, making a low of Rs. 47.55, from its previous close of Rs. 50.06 per share. The stock delivered a neg

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