Ola Electric is launching a $4 billion IPO, 30% below its last valuation. The IPO seeks Rs 5,500 crore through a fresh issue and 95.2 million shares offer-for-sale. Initially targeting $6-7 billion, the valuation was adjusted to entice investors for post-issue profit.
2 top stock recommendations from Aditya Arora
I keep neutral to positive bias on the market and a lot of sectors are doing well. So, although index may be illusionary or it