Company valuation below 22k crores nw - peak was around 65k crores
Sales are falling, some controversies are happening but is there a chance of a turnaround?
What are the bull and bear case scenrios fr this stock
They sold the future of electric vehicles, but the present reality is far from that vision. Selling dreams is easier than selling vehicles. Ola might be a great startup, but not at this price.
I’m struck in this Ola. now at 43 , almost 60% down. Where should I average? I want to hold for long term and book profit only. Promoter is crazy like sasta Elon musk
The last private valuation of Ola Electric before going public was $5.4 billion, achieved in a funding round led by Temasek in September 2023 . Now its valuation is is 2.2 billion dollars. So many players who invested in private market are also stuck.
Not to go off on a negative tone here, but the leadership needs to a public image whitewash to really change the attitude of the people towards the company, or just let go of that one dude who messed up a lot.
Until the public attitude does not change towards the company, Ola’s business will not improve. I have seen this happen so many times now. Sales may go up slightly now and then, but in general they need to clean up the PR mess.