Ola Electric's Shares Fall Over 8% As Angry Customers Flood Social Media
NDTV
The Ola Electric share nosedived to Rs 90.26 apiece, a drop of 8.5 per cent from the last trading session.
Bhavish Aggarwal-led Ola Electric saw its stock crashing to about Rs 90 a piece in the morning trade on Monday, as aggrieved customers flooded social media platforms again with a myriad of issues with its flagship electric two-wheeler.
The Ola Electric share nosedived to Rs 90.26 apiece, a drop of 8.5 per cent from the last trading session. The EV firm debuted on the stock market with Rs 76 and even touched Rs 157.40, before crashing like a pack of cards over innumerable hardware and software issues with its e-scooters and poor conditions at its service centres across the country.
Since touching the all-time high, the company's share is trading around 42-43 per cent lower.
