Shares of Ola Electric fell nearly 3% on Monday, marking the third straight session of decline, as the company faces scrutiny over its pricing practices. The Automotive Research Association of India (ARAI), under the Ministry of Heavy Industries, has asked the electric vehicle (EV) manufacturer to clarify recent price cuts on its S1 X 2 kWh electric scooter during a ...
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Over-Confidence Runs Ola Electric Dreams Down to Gutter, Stock Prices Plummet Further
Ola Electric, once hailed as a trailblazer in India’s electric vehicle (EV) market, is now grappling with a host of challenges that threaten to derail its success. From a show-cause notice issued by the Central Consumer Protection Authority (CCPA) to a flurry of customer complaints and a sharp decline in stock prices, the company is under intense scrutiny. On Tuesday, ...
Read More »Regulatory Warning Sends Jitters Among Suzlon Investors, Share Price Down 5%
Suzlon Energy, a prominent renewable energy solution provider, has recently been under the market’s microscope due to a significant drop in its share price. The company’s shares took a 5% hit after receiving an ‘advisory cum warning’ letter from the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). This development has sparked concerns among investors and market observers, ...
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