Markets

Ola Electric share price slumps 4% to fresh low as promoter Bhavish Aggarwal sells stake, down 59% from IPO price

December 18, 2025

Ola Electric Mobility's share price has declined significantly, dropping nearly 4% to ₹31.49 following the sale of additional shares by founder Bhavish Aggarwal, who sold stakes worth ₹142 crore. The stock has plummeted 59% from its IPO price of ₹76, reflecting a broader downturn with a 24% decrease over the past month.

Ola Electric share price slumps 4% to fresh low as promoter Bhavish Aggarwal sells stake, down 59% from IPO price

Credit: Livemint

Key Highlights

Ola Electric shares fell 4.29% to ₹31.49 on Thursday.
Bhavish Aggarwal sold 4.2 crore shares for ₹142 crore.
The stock is down 59% from its IPO price of ₹76.
Ola Electric shares have declined over 24% in the past month.
Aggarwal's sales aim to repay a ₹260 crore loan.

Markets

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Ola Electric share price slumps 4% to fresh low as promoter Bhavish Aggarwal sells stake, down 59% from IPO price

Key Highlights

Sources

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