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Ola Electric, Goldman Sachs and BofA
Ola Electric stock in focus as Goldman Sachs, BofA initiate ‘buy’ calls, see a 50% upside
Shares of Ola Electric Mobility have garnered significant attention during Tuesday’s trading session following buy ratings from two major global brokerages, Goldman Sachs and BofA Securities. The share price increased by more than 7% on the positive brokerage notes.
'Buy' rating, 50% upside: Goldman Sachs bullish on Ola Electric
Goldman Sachs has also initiated coverage on Ola Electric, assigning it a 'buy' rating with a target price of ₹160 per share. This projection represents a potential 50% increase from the current stock price of ₹110 per share.
Ola Electric shares end 10% higher after two 'buy' ratings project targets of up to ₹160
While BofA Securities sees a potential upside of nearly 35% for shares of Ola Electric, Goldman Sachs sees up to 50% upside.
Ola Electric shares jump 10% to hit upper circuit on Goldman Sachs, BofA's 'buy' calls
While Goldman has assigned a price target of Rs 160 per share of Ola Electric, BofA has a target price of Rs 145 per share
Ola Electric shares surge 6% after Goldman, BofA initiate coverage, see up to 48% upside
Ola Electric Mobility shares rose 6% to Rs 114.30 after Goldman Sachs and BofA set target prices of Rs 160 and Rs 145. Goldman sees 48% upside; BofA sees 34%.
Goldman Sachs and BofA initiate 'buy' calls on Ola Electric Mobility; see over 48% potential gains
Ola Electric after stellar gains are now trading in a range, nonetheless brokerages remain upbeat on the stock's prospects.
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Ola Electric's sales decline 34%, complaints surge to 80,000/month
Ola Electric's S1 series witnessed its lowest monthly sales volumes in August 2024, with a significant drop of 34% from July ...
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Ola Electric shares continue to plummet, analysts urge caution
Ola Electric's stock price falls further prompting analysts to advise caution due to speculative valuation and increasing ...
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on MSN
Ola Electric's Share Nosedives Further, Analysts Warn Investors To Remain Cautious
The electric vehicle (EV) company’s stock closed at 108.15 apiece, a drop of 2.56 per cent from its last trading session. The ...
5d
Ola Electric builds new service team as complaints mount to 80,000 a month
Ola Electric’s problem of service delays coincides with a drop in sales. In August, it posted its worst monthly volumes this ...
Your Story
13d
Ather vs Ola Electric: How the two VC-backed EV makers stack up against each other
Ather Energy has struggled to catch up to Ola Electric over the past two years. Despite being ahead in operating revenue as ...
12d
Ola Electric customer arrested after setting showroom ablaze in India, police say
A 26 year old man has been arrested for allegedly setting fire to an Ola Electric showroom in the southern Indian state of ...
8d
"Worst EV": Frustrated Bengaluru Woman Uses Placard Urging Public To Avoid Ola Electric Scooter
Ms Gowri shared a photo of her scooter with a sign that read, "Dear Kannadigas, Ola is a useless two-wheeler. Please do not ...
12d
Ola Electric shares: After 28% correction from record high, Ambit sees more downfall in stock
Brokerage firm Ambit has initiated coverage on the stock and the domestic broker sees more slide in the stock citing the ...
6d
Ola Electric to grow revenue 2.5x faster, volumes 5x faster over next 3 years: Goldman Sachs
International brokerage firm Goldman Sachs, on September 17, stated that it expects Ola Electric's revenue to grow 2.5 times ...
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