{
OLA ELECTRIC MOBILITY LTD

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}
Chetak Becomes Largest Selling Electric Scooter in India According to Bajaj
Rajiv Bajaj, managing director of Bajaj Auto, announced that the Chetak electric scooter has become the largest selling electric scooter in India, according to December VAHAN registration data. At the CNBC-TV18 India Business Leader Awards 2024, he humorously remarked, “Ola to Ola Hai, Chetak to Shola hai,” while celebrating this achievement, which coincided with his son Rishabh's involvement in the Electric Chetak team.
Moneycontrol
Indian Rupee Bajaj Auto Limited OLA ELECTRIC MOBILITY LTD IND Rajiv Bajaj Rishabh Bajaj
Technology & Innovation, Transcript
08:37 08.12.2024
Ola Electric to expand store count from 800 to 4000 by December 20
Ola Electric shares surged over 6% following CEO Bhavish Aggarwal's announcement of a significant expansion plan. The company will increase its store count from 800 to 4,000 on December 20, aiming to enhance customer accessibility with all new stores also offering service capacity. This move is touted as potentially the largest single-day store opening in the industry.
Moneycontrol
OLA ELECTRIC MOBILITY LTD IND Bhavish Aggarwal
Technology & Innovation, Press Release
09:02 02.12.2024
Ola Electric stock surges 35 percent after new scooter launch
Ola Electric's stock surged 35% over five days, driven by the launch of its affordable electric scooters, the S1 Z and Gig range, starting at Rs 39,000. Citigroup initiated a 'buy' call with a price target of Rs 90, citing Ola's 38% market share in the EV two-wheeler sector and strong R&D capabilities. As of 09:49 am, shares were trading at Rs 91.89 on the NSE.
Moneycontrol
OLA ELECTRIC MOBILITY LTD IND
Finance & Economy, Market Report
05:27 28.11.2024
Indian markets rise as Adani Group stocks recover amid global declines
India's benchmark indices closed higher on November 27, with the Sensex gaining 230.02 points to reach 80,234.08 and the Nifty rising 82.20 points to 24,276.7, amid a volatile trading session. Adani Group stocks surged up to 12% following news that the chairman and his aides were not charged under the US Foreign Corrupt Practices Act, adding Rs 1.2 lakh crore to the group's market capitalization. Meanwhile, European markets and US equity futures declined as investors assessed recent US cabinet appointments and awaited key economic data for insights on interest rate trends.
Moneycontrol
United States Dollar OLA ELECTRIC MOBILITY LTD Citizens, Inc. Adani Green Energy Limited IND USA Gautam Adani Jamieson Greer Kevin Hassett Show more
Finance & Economy, Market Report
11:44 27.11.2024
Market rebounds as Nifty approaches 24300 with Ola Electric surge
Market stages a turnaround after a sluggish start, with the Nifty index hovering near 24,300. Ola Electric experiences a significant surge in its stock price. Investors are encouraged to opt-in for push notifications to receive relevant updates on their transactions.
Moneycontrol
OLA ELECTRIC MOBILITY LTD IND
Finance & Economy, Market Report
10:53 27.11.2024
Ola Electric launches affordable S1 Z and Gig scooters with portable battery
Ola Electric shares surged 9% to an intraday high of Rs 79.4 following the launch of its affordable S1 Z and Gig range scooters, priced from Rs 39,000. CEO Bhavish Aggarwal highlighted the scooters' portable battery feature, which can function as a home inverter. Reservations are open, with deliveries expected to start in April 2025.
Moneycontrol
Indian Rupee OLA ELECTRIC MOBILITY LTD IND Bhavish Aggarwal
Technology & Innovation, Press Release
05:38 27.11.2024
ipo market struggles as 40 percent of new entrants fall below issue price
The year 2024 has seen a significant influx of funds through IPOs, with over 75 companies raising more than Rs 1.2 lakh crore. However, around 40% of these new entrants are now trading below their issue prices, following a market correction that began in October. Notable companies like ECOS India Mobility and Ola Electric Mobility, which initially had strong debuts, are now facing declines in their stock values.
Moneycontrol
Indian Rupee OLA ELECTRIC MOBILITY LTD IND
Finance & Economy, Market Report
05:18 26.11.2024
ola electric shares fall below ipo price amid financial challenges
Shares of Ola Electric Mobility Ltd., India's largest e-scooter manufacturer, have fallen below their initial public offering price, hitting an intraday low of 74.82 rupees, down 3.6%. This decline follows a period of rapid gains post-listing in August, as the company faces market share losses and increasing consumer complaints.
bloomberg.com
Indian Rupee OLA ELECTRIC MOBILITY LTD IND
Finance & Economy, Market Report
09:04 29.10.2024
TVS Motor focuses on value over discounts in electric two-wheeler market
TVS Motor Company will not engage in price wars to gain market share in the electric two-wheeler segment, despite competition from rivals like Bajaj Auto and Ola Electric. CEO K N Radhakrishnan emphasized a focus on providing value rather than discounts, highlighting a significant increase in sales following the launch of the 2.2 kWh battery variant of the TVS iQube.
Moneycontrol
Hero MotoCorp Limited OLA ELECTRIC MOBILITY LTD Bajaj Auto Limited Ather Energy Ltd. TVS Motor Company Limited IND K N Radhakrishnan Show more
Technology & Innovation, Market Report
15:43 25.10.2024
TVS Motor plans new electric vehicle launches to boost market growth
TVS Motor, the second-largest electric two-wheeler manufacturer after Ola Electric, is poised for significant growth, having reported a 31% increase in EV sales with a record 75,000 units sold last quarter. The company plans to expand its electric vehicle lineup with multiple launches this financial year, confident in outpacing industry growth. In the first half of the year, TVS generated Rs 1,600 crore in revenue from its EV segment, positioning itself for future investments.
Moneycontrol
TVS Motor Company Limited OLA ELECTRIC MOBILITY LTD IND
Technology & Innovation, Market Report
16:36 23.10.2024
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