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Ola shares ended the week 6% lower despite recovering on Friday, reflecting continued weakness in the broader trend. While near-term technical indicators point to a possible rebound, Anand James, chief market strategist at Geojit Investments Limited, cautions that the shares lack confirmation of a sustainable reversal, suggesting more consolidation or downside risk lies ahead.Edited excerpts […]
In a move that raised questions about founder risk and shareholder protection, Ola Electric chairman and chief executive Bhavish Aggarwal increased his committed stake in the company by two percentage points, from 8.09% to 10.11%, during the September quarter, effectively pledging almost a quarter more of his holdings to fund another unnamed entity.This is the […]
