Tag: stock decline

Ola Electric Mobility's stock fell 6% following a show cause notice from the Central Consumer Protection Authority for misleading advertising. The decline continues amid service quality complaints and a social media controversy involving the CEO, leading to a 46% drop from its post-listing high.(Reuters)
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Ola Electric falls over 6% after notice on misleading ads

 October 8, 2024  Leave a Comment on Ola Electric falls over 6% after notice on misleading ads

Shares of Ola Electric Mobility plunged 6 per cent on Tuesday after the company received a show cause notice from the Central Consumer Protection Authority…

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