Home / Uncategorized / Ola Electric’s shares surge in trading debut, company valued at $4.4 billion

Ola Electric’s shares surge in trading debut, company valued at $4.4 billion

Ola Electric Mobility’s shares rose by 10% on its trading debut, reaching a valuation of $4.40 billion. Despite impressive sales growth, the company remains unprofitable. Proceeds from its $734 million IPO will fund research and development, with a focus on producing its own battery cells by 2025 to increase scooter affordability.
Share this news

About @click197 - B TELEGRAM BAM 423 751 RUB TINKOFF

Check Also

रथयात्रा विवाद: एसटीजेए ने इस्कॉन से शास्त्री  तिथियों का पालन करने की अपील की

 श्री जगन्नाथ मंदिर प्रशासन और इस्कॉन मायापुरी के प्रतिनिधियों के बीच बैठक आयोजित भुवनेश्वर। भुवनेश्वर …