Mobility

Ola Electric Movement Share Price Attacks Three-Week Low As Anchor Investors Set To Offload Stake

.Shares of Ola Electric Mobility Ltd. lowered to over three-week low on Monday, as anchor investors are actually readied to offer portions. In the first round of portion sale, support real estate investors will certainly launch 18.17 crore allotments or 4.08% of its own total equity. Support clients are actually demanded to store stake for a minimum required of thirty days. They can easily sell up to 50% of their existing holding. The following around of anchor manual is readily available offer for sale on Nov. 8. Ola Electric Range of motion stock noted standard on Aug. 9, matched up to a problem rate of Rs 76 apiece. On the directory day, the sell finished twenty% greater at Rs 91.2 each on the National Stock Market.