The current share price of Ola Electric: In order to pay off a promoter debt, Ola Electric founder Bhavish Aggarwal sold an additional 4.2 crore shares on the open market for Rs 142 crore. Ola Electric Mobility’s shares dropped for the third straight session, reaching a fresh 52-week low of Rs 31.41 in the opening session on the BSE. The stock began the trading day down at Rs 32.79 compared to the previous close of Rs 32.92, and it continued to decline due to selling pressure, reaching a low of Rs 31.41, a 4.58 percent decrease from the previous closing price.
In order to pay off a promoter debt, Ola Electric founder Bhavish Aggarwal sold an additional 4.2 crore shares on the open market, valued at Rs 142 crore, which caused a further fall in the stock price.
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