'Valuations more expensive than Tesla': Ola Electric stock surges 107% injust 7 days!
20 August 2024
Ola Electric stock price: The shares of Ola Electric surprised investors on Tuesday by surging an additional 8% to reach a new high of Rs 157.53 on the Bombay Stock Exchange (BSE). Reports indicate that during Tuesday's trading session, a significant transaction involving 2.3 crore shares, equivalent to 0.5% of the company's equity and valued at Rs 352.9 crore, took place at an average price of Rs 151 per share.
The electric vehicle (EV) stock has seen a remarkable 107% increase from its initial public offering (IPO) price of Rs 76 in just seven trading sessions.
Ola Electric stock price: The shares of Ola Electric surprised investors on Tuesday by surging an additional 8% to reach a new high of Rs 157.53 on the Bombay Stock Exchange (BSE). Reports indicate that during Tuesday's trading session, a significant transaction involving 2.3 crore shares, equivalent to 0.5% of the company's equity and valued at Rs 352.9 crore, took place at an average price of Rs 151 per share.
The electric vehicle (EV) stock has seen a remarkable 107% increase from its initial public offering (IPO) price of Rs 76 in just seven trading sessions.
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