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Ola Electric Share Price Today: Recently, Ola Electric Mobility's IPO came. The price band of the shares in the company's IPO was Rs 72-76, while the final price was fixed at Rs 76. Its listing happened at a flat Rs 76 as compared to the IPO price. But after the flat listing, the stock gained momentum and touched the level of Rs 157.53 in a few trading sessions. This more than doubled the investors' money. But now the company's stock continues to fall from this price.
How much did the share fall (Ola Share Down)
On Tuesday at 2:45 PM, the company's stock on BSE is trading at Rs 127.81, up by Rs 2.49 or 1.99% from Monday's closing level of Rs 125.32. It has fallen by 18.9% from the level of Rs 157.53 to reach Rs 127.81.
If we look at Monday's prices, the company's share has slipped by about 22 percent from Rs 157.53.
Loss of Rs 8138 crore
In the last 5 days, it has weakened by 8.5 percent (based on the rate of 2:45 pm). The market capital of the company is Rs 56,273 crore. Whereas on August 19, its market cap was Rs 64,411 crore. That is, till now investors have suffered a loss of about Rs 8138 crore from the peak level.
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