The Economic Times News

Ola Electric promoter Bhavish Aggarwal sells another 4.2 crore shares in open market

Ola Electric founder Bhavish Aggarwal has sold shares worth Rs 142 crore. This follows a Rs 92 crore sale a day earlier. The transactions aim to repay a promoter loan. Despite assurances, the stock has hit fresh lows. Ola Electric faces slowing demand and financial losses. The company's market share has also declined.