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Ola Electric shares drop 9% in 3 days. What's spooking investors?
Ola Electric Mobility shares fell over 2%, extending their three-day decline to 9%, after media reports said two vendors had filed fresh insolvency pleas against its subsidiary over alleged unpaid dues of more than Rs 40 crore. The company also recently reported a sequential jump in Q1FY27 vehicle registrations.
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thehindubusinessline.com
Ola Electric faces fresh insolvency pleas over alleged ₹40 crore payment defaults
Two component suppliers have moved the NCLT against Ola Electric's subsidiary over alleged ₹40 crore payment defaults, while the company calls it a commercial dispute.
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economictimes.indiatimes.com
Ola Electric shares drop 9% in 3 days. What's spooking investors?
Ola Electric Mobility shares fell over 2%, extending their three-day decline to 9%, after media reports said two vendors had filed fresh insolvency pleas against its subsidiary…
