Ola Electric: 3 key factors to watch after Bhavish Aggarwal’s Rs 92 crore stake sale
Ola Electric Mobility's share price dropped by 1% as founder Bhavish Aggarwal sold part of his equity to repay a loan. The Rs 92 crore transaction will release pledged shares and remove concerns about the company's future. The promoter group will still hold 34% of the company, with no change in control or business direction. Despite this, the stock continues to struggle.