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Ola Electric, Goldman Sachs and BofA
Ola Electric stock in focus as Goldman Sachs, BofA initiate ‘buy’ calls, see a 50% upside
Shares of Ola Electric Mobility have garnered significant attention during Tuesday’s trading session following buy ratings from two major global brokerages, Goldman Sachs and BofA Securities. The share price increased by more than 7% on the positive brokerage notes.
'Buy' rating, 50% upside: Goldman Sachs bullish on Ola Electric
Goldman Sachs has also initiated coverage on Ola Electric, assigning it a 'buy' rating with a target price of ₹160 per share. This projection represents a potential 50% increase from the current stock price of ₹110 per share.
Ola Electric Shares Have Ended In Red On 17 Out Of 28 Trading Sessions Since Listing
Ola Electric‘s share price has had a rollercoaster ride at the bourses ever since it listed in August. The stock still trades around 46% higher than its IPO issue price of ₹76. What Happened: An analysis of the stock’s daily trading data shows that the stock has closed in the red on most occasions since it was listed on August 9.
Ola Electric shares surge 10%; hit upper circuit limit
Shares of Ola Electric Mobility Ltd surged 10 per cent, reaching the upper circuit limit on Tuesday. The stock closed at INR 118.10 on the BSE and hit INR 118.36 on the NSE. Since its market debut in August,
Ola Electric shares jump 10% to hit upper circuit on Goldman Sachs, BofA's 'buy' calls
While Goldman has assigned a price target of Rs 160 per share of Ola Electric, BofA has a target price of Rs 145 per share
Ola Electric shares surge 6% after Goldman, BofA initiate coverage, see up to 48% upside
Ola Electric Mobility shares rose 6% to Rs 114.30 after Goldman Sachs and BofA set target prices of Rs 160 and Rs 145. Goldman sees 48% upside; BofA sees 34%.
Goldman Sachs and BofA initiate 'buy' calls on Ola Electric Mobility; see over 48% potential gains
Ola Electric after stellar gains are now trading in a range, nonetheless brokerages remain upbeat on the stock's prospects.
inc42
7d
Ather Energy Vs Ola Electric: Decoding The Numbers Behind The EV Giants
Riding the IPO wave in the domestic equity market this year, Ather Energy is set to become the second electric mobility ...
3d
Ola Electric builds new service team as complaints mount to 80,000 a month
Ola Electric’s problem of service delays coincides with a drop in sales. In August, it posted its worst monthly volumes this ...
3d
Ola Electric forms new team to tackle 80,000 service complaints per month
The S1 series' manufacturer of electric scooters has intensified its focus on service operations by building a new team that ...
4d
Ola Electric to grow revenue 2.5x faster, volumes 5x faster over next 3 years: Goldman Sachs
International brokerage firm Goldman Sachs, on September 17, stated that it expects Ola Electric's revenue to grow 2.5 times ...
inc42
10d
Bhavish Aggarwal’s Inner Circle: The Key People Driving Ola Electric
CEO, Vinfast; Hyun Shik Park, COO, LG Energy, Thar designer Ramakripa Ananthan along with CTO Suvonil Chatterjee and CFO ...
10d
Ola Electric customer arrested after setting showroom ablaze in India, police say
A 26 year old man has been arrested for allegedly setting fire to an Ola Electric showroom in the southern Indian state of ...
6d
"Worst EV": Frustrated Bengaluru Woman Uses Placard Urging Public To Avoid Ola Electric Scooter
Ms Gowri shared a photo of her scooter with a sign that read, "Dear Kannadigas, Ola is a useless two-wheeler. Please do not ...
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