Ola Electric shares in focus after Maharashtra Transport Commissioner reportedly receives complaints against 350 unlicensed stores
Ola Electric shares were in focus today after CNBC-TV18 reported that the Maharashtra Transport Commissioner received complaints about 350 Ola Electric stores allegedly operating without proper licenses. As of 10:16 AM, the shares were trading 0.50% higher at Rs 40.00.
Ola Electric shares traded lower today, opening at ₹39.92 and hitting a day's low of ₹39.60, which also marks its 52-week low. The stock touched an intraday high of ₹40.72 but struggled to hold gains. This is a steep fall from its 52-week high of ₹157.40, reflecting sustained selling pressure in recent sessions.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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