“Despite receiving demand well below street expectation, OLA listed well above street expectations can be attributed to market mood. Post listing the short term view remain same due to weak financials and risk of negative cash flows in future and allotted investors should understand the risk before holding which could adversely impact its consolidated financial condition post listing,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.
sekar nallalu Cryptocurrency,Markets Ola Electric’s Market Debut Surges by 20% Rally, Share Price Climbs to Rs 91