Ola Electric Share Price: Brokerages are quite bearish on the shares of electric two-wheeler company Ola Electric. Brokerage firm CITI has reduced its share target price on the company from Rs 27 to Rs 22. This is a decline of more than 18 percent in the target price. After this report, there was pressure in the company’s shares on Tuesday and it fell by about 2.5% to around ₹ 23.68. The brokerage says that this decision has been taken due to the company’s reducing revenue estimates and continuously falling market share.
OLA Electric Share Price: What should investors do? CITI reduced target price by 18%, shares fell by 2.5% – Market
