Ola Electric Share Price NSE: Shares of Ola Electric Mobility Limited fell over 7 percent during the intraday trade on Monday. Osmertasmerta Digital Services Limited, a vehicle registration service provider, sought to initiate insolvency proceedings against its wholly-owned subsidiary Ola Electric Technologies Private Limited.
The electric mobility company’s stock fell around 7.5 per cent to hit a new 52-week and all-time low of Rs 46.75 on the NSE till 12:45 pm. On the BSE, Ola electric share price fell to hit a new 52-week low of Rs 46.85, trading below Rs 50 mark for the first time.
Insolvency Filled Against Ola Electric
An operational creditor has filed a petition before the Bengaluru bench of the National Company…
