Ola Electric Shares Drop Over 6% After Goldman Sachs Downgrades Rating, Cuts Target Price
Ola Electric stock opened 2.66% lower at Rs 31.09 and extended losses to touch Rs 30.75 apiece at 9:31 am.
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MintGoldman Sachs Ola Electric Downgrade: Why stock rating changed to sell; 23% downside seen - New target price, rationale
Goldman Sachs downgraded Ola Electric to Sell and cut its price target to ₹23 from ₹39.28, citing weak cash flow, funding needs, high interest costs and operational challenges. It expects prolonged…
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NDTV ProfitOla Electric Shares Drop Over 6% After Goldman Sachs Downgrades Rating, Cuts Target Price
Ola Electric stock opened 2.66% lower at Rs 31.09 and extended losses to touch Rs 30.75 apiece at 9:31 am.
Read on NDTV Profit -
Economic TimesOla Electric shares dip 5% after Goldman Sachs downgrades stock to Sell. Here’s why
Ola Electric shares fell sharply on Friday after Goldman Sachs downgraded the stock to Sell from Neutral and cut its target price to Rs 23, implying a 28% downside. The brokerage lowered its…
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NDTV ProfitOla Electric Shares Downgraded To Sell, Target Price Cut, Here's What Worries Goldman Sachs
Goldman Sachs said Ola Electric's path to sustainable free cash flow generation has become less clear, given relatively high interest costs and capital expenditure requirements across its battery…
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MintCalliope Capital Ola Electric Investment: How many rights entitlements has the firm applied for?
Motilal Oswal Financial Services and Calliope Capital Advisors applied for about 2.39 crore shares in Ola Electric’s ₹1,000 crore rights issue after receiving transferred rights entitlements. The…
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MintOla Electric rights issue opens today: Who are the investors applying for 2.39 crore entitlements? Check details
Ola Electric said Motilal Oswal Financial Services and Calliope Capital Advisors applied for a combined 2.39 crore rights entitlements transferred by promoter-linked entities. The company’s ₹1,000…
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Economic TimesMotilal Oswal applies for 2.39 cr Ola Electric shares Read on Economic Times
