Mobility

Ola Electric Mobility Allotment Rate Reaches Three-Week Low As Anchor Investors Ready To Unload Risk

.Shares of Ola Electric Range of motion Ltd. declined to over three-week short on Monday, as anchor capitalists are readied to market shares. In the first round of reveal purchase, anchor real estate investors will certainly discharge 18.17 crore portions or 4.08% of its total equity. Anchor investors are actually required to store concern for a minimum required of thirty day. They can easily sell up to 50% of their current holding. The following round of support publication is readily available available on Nov. 8. Ola Electric Movement inventory detailed level on Aug. 9, reviewed to an issue rate of Rs 76 each. On the listing day, the sell ended twenty% higher at Rs 91.2 apiece on the National Stock Market.