73% down and still no bottom! Will Ola Electric break Rs 38 and slide to Rs 31?
- Posted on June 27, 2025
- By Business News Today
- 1 Views
73% down and still no bottom! Will Ola Electric break Rs 38 and slide to Rs 31?
Ola Electric's stock has plummeted, dropping over 73% from its peak, hitting a new low amid persistent selling pressure and weak Q4 FY25 results, which revealed a net loss of Rs 870 crore. Technical analysis suggests further downside potential, with analysts eyeing the Rs 38 level as crucial support.
