OLA ELECTRIC SHARES INCREASE TO 18% ON WENSDAY OLA ELECTRIC LTD INCREASED TO 18% SHARES WITH INCREASE OF RS 87.90 BEFORE DOWNS TO 86.15 AND IMMEDIATE INCREASE OF 17.25 THIS IS A SOLID RECOVERY OF 30% FROM ITS RECENT DOWNS TO 66.60 ON NOVEMBER 22ND.
BUT INVESTORS SHOULD REMEMBER THAT THE STOCKS REMAIN 45% BELOW OF ITS LIFE TIME OF RS 157.53 ITS RECORED ON AUGUST 20
THE OLA ELECTRIC SHARES INCREASED BECAUSE OF THE ANNOUCEMENT OF NEW ELECTRIC VECHILES ACCESSIBLE TO VARIOUS SEGMENTS
IN SHORT
- NEW SCOOTER MOTIVES INVESTORS AND TRADING
- OLA SHARES INCREASES TO 18%
- BUT SHARES REMAINS LOW OF ITS LIFE TIME HIGH OF RS 157.53
OLA ELECTRIC SHARES INCREASED
THE OLA ELECTRIC SHARES INCREASED BECAUSE OF THE COMPANYS ANNOUCEMENT OF NEW ELECTRIC VECHILES ACCESSIBLE TO VARIOUS SEGMENTS
OLA ELECTRIC VECHILE COMPANY IS FOUNDED IN 2017 OLA MANUFACTURES ELECTRIC VECHILES SCOOTERS BATTERIES AND MOTORS OF ITS FURTHER NEEDS
THE COMPANY INVESTORS AND PROMOTERS INITIATED THE STOCKS TO 36% ON SEPTMBER 2024 AND BUILDING CONFIDENCE FOR FURTHER TRADES
MARKET ANALYSTS ON RISE OF OLA SHARES
THE LATEST MODELS OF OLA GIg,GIg+ AND S1Z, S1Z+ WITH THE STARTING SHOWROOM PRICES AT 39,999 49,999 59,999 AND 64,999 AT REASONBLE PRICES
FROM NOVEMBER 26 REGESTRATIONS ARE OPENED FOR WITH NOMINAL OF 499 APART FROM DELIVERIES ARE EXPECTED FOR S1Z SERIES ON MAY 2025 AND FOR GIg SERIES ON APRIL 2025
ANALYSTS OBSERVES THE STOCK’S FLOW TO SUPPORT INVESTORS MINDSET FOLLOWING THE ANNOUCEMENT. HOWEVER, ANALYSTS AND EXPERTS REMAIN A BIT WATCHFUL ABOUT THE STOCK;S NEAR-TERM HIKE.
INSPITE OF RECENT HIKE SOME OF THE ANALYSTS RECOMMEND TO WAIT FOR THE LONG TERM INVESTMENTS IN THE STOCKS
IN THE RECENT BUSINESS TODAY REPORT AS PER ANALYSTS THERE IS A CONSITANCE GROWTH ABOVE RS OF 85 IS A ROOT TO GROW OF SHARES BUT WHEN ITS DOWNS TO 75 MIGHT CREATE FLEXIBLIT TO BUY STOCKS