Ola Electric Share Price: Ola Electric Mobility’s shares rose by 10%, reaching a 52-week high of Rs 146 on Monday, reflecting a 92% increase from its IPO price. HSBC set a target price of Rs 140, citing regulatory support and cost reduction. In the June quarter, revenue grew by 32% YoY, while losses widened to Rs 347 crore.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of