Ola Electric Stock Update – August 19, 2024

Last updated on August 28th, 2024 at 05:28 pm

Closing Prices:

NSE: ₹146.38, up 9.99%
BSE: ₹146.03, up 10%

Read more: Stock Market Update –August 19, 2024

Key Points:

Strong Debut: Shares surged nearly 75% from the IPO price of ₹76.
Market Cap: ₹64,565.73 crore.
The company recently launched its electric motorcycle , Roadster Series.
The company revenue increased by 32.3% to ₹1,644 crore.

According to SoftBank Ola Electric is in focus as one of the notable successes among recent IPOs backed by SoftBank.

Ola Electric stock has been hitting its upper circuit limit, showing high investor interest.

https://news-affairs.com/web-stories/foreign-investors-sold-21201-crore-worth-of-indian-stocks/

Global Stock Market Today | Aug 19, 2024

Stock Market Live Today: Key News Highlights | Aug 19, 2024

Indian Stock Market Update: Sensex Up 378 Points to 80,803 and Nifty Climbs 126 Points to 24,699