Ola Electric share price drops today after hitting upper circuit on the trot

Ola Electric share price drops today after hitting upper circuit on the trot

New Delhi: Ola Electric Mobility Limited share price has been in focus since the company’s stock made its debut on August 9, 2024. The stock of Bhavish Aggarwal-led Ola Electric dropped around 10 per cent on August 20, Tuesday. The Ola Electric shares were trading at Rs Rs 144.68.

Ever since its debut, Ola Electric stock has gained around 80 per cent. The shares of the electric two-wheeler company made their market debut on August 9. After making a muted debut on the stock exchanges, the scrip jumped 20 per cent on its first day. Since then, there was no looking back. From the issue price of Rs 76, the stock is currently up around 80 per cent.

On August 19, Ola Electric stock increased 10 per cent to hit its upper circuit limit to Rs 146.03 on the BSE. At the NSE, it appreciated 9.99 per cent to hit the upper circuit of Rs 146.38.

Ola Electric Mobility share price had appreciated 20 per cent on August 16 to hit the upper circuit limit. The stock jumped after the Ola Group announced its foray into the electric motorcycle segment with the launch of three models and two more in the pipeline.

 Ola Electric Mobility share price dropped on August 20, 2024 after hitting upper circuit for the last few days.  Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today