Mobility

Ola Electric Mobility Allotment Price Hits Three-Week Low As Support Investors Ready To Offload Stake

.Portions of Ola Electric Range of motion Ltd. dipped to over three-week short on Monday, as support investors are actually readied to sell portions. In the preliminary of allotment sale, anchor clients are going to launch 18.17 crore shares or 4.08% of its complete equity. Anchor investors are demanded to hold stake for a minimum of one month. They may sell up to 50% of their existing holding. The upcoming round of support book is actually offered to buy on Nov. 8. Ola Electric Wheelchair sell noted standard on Aug. 9, matched up to a problem cost of Rs 76 each. On the list day, the supply ended twenty% greater at Rs 91.2 apiece on the National Stock Exchange.