Ola Electric Shares Hit Fresh All-Time Low After Bhavish Aggarwal Stake Sale

by · Inc42

SUMMARY

  • The company’s shares slipped over 5% during intraday trading on the BSE today (December 17) to touch a new low of INR 32.68
  • The company’s shares have crashed over 57% on a year-to-date (YTD) basis and 64% from its listing price of INR 76
  • Cofounder and promoter Bhavish Aggarwal offloaded 2.6 Cr shares or 0.6% stake in the company for INR 92 Cr via a block deal yesterday