Mobility

Ola Electric Movement Allotment Price Reaches Three-Week Low As Anchor Investors Set To Offload Stake

.Allotments of Ola Electric Wheelchair Ltd. fell to over three-week low on Monday, as support real estate investors are actually readied to offer shares. In the preliminary of reveal purchase, support financiers will definitely launch 18.17 crore portions or 4.08% of its own total equity. Anchor capitalists are called for to store risk for a minimum of 30 days. They may sell up to fifty% of their existing holding. The upcoming sphere of anchor manual is accessible to buy on Nov. 8. Ola Electric Mobility sell listed level on Aug. 9, compared to a concern cost of Rs 76 apiece. On the directory day, the stock finished twenty% much higher at Rs 91.2 each on the National Stock Market.

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