Fri Nov 01 17:20:27 UTC 2024: ## Ola Electric Shares Plunge 50% From Peak, Falling to New Low
**Mumbai, India:** Shares of Ola Electric, the two-wheeler electric vehicle company led by Bhavish Aggarwal, witnessed a significant decline during Friday’s trading session. The stock hit a low of 76.73 and a high of 80.49 during the day.
The company’s stock has plummeted nearly 50% from its all-time high, reaching its lowest point since its listing in August. After a promising debut with an initial surge, the stock reached a peak of 157.40. However, it has been on a consistent downward trajectory ever since.
This sharp drop in Ola Electric’s share price has raised concerns about the company’s performance and future prospects.
First Piper 