Mobility

Ola Electric Wheelchair Share Rate Hits Three-Week Low As Support Investors Ready To Offload Concern

.Shares of Ola Electric Movement Ltd. fell to over three-week low on Monday, as anchor real estate investors are set to sell allotments. In the first round of reveal purchase, support investors will release 18.17 crore shares or even 4.08% of its complete equity. Anchor investors are actually needed to store concern for a minimum of 30 days. They may market up to 50% of their existing holding. The following around of support manual is actually on call available on Nov. 8. Ola Electric Range of motion inventory specified standard on Aug. 9, contrasted to an issue price of Rs 76 each. On the directory day, the sell ended twenty% much higher at Rs 91.2 apiece on the National Stock Market.