Momentum Trap? Ola Electric Shares Tumble 8% as Investors Weigh ₹487 Cr Loss Against LFP Hype

The 61 percent rally that turned Ola Electric (OLAELEC) into a market favourite this April faced a brutal reality check on Monday morning. The stock had surrendered nearly 8 percent of its value, hitting an intraday low of ₹37.75. The reversal occurred against the backdrop of a b

Read More

  • Related Posts

    India’s March Retail Inflation Ticks Higher to 3.40%; Stays Below RBI’s 4% Medium-Term Target

    India’s annual retail inflation, measured by the Consumer Price Index (CPI), rose to 3.40% in March 2026, up from 3.21% in February. Provisional data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Monday indicates that rural inflation stood at 3.63 Read More

    India’s Cooking Gas Crisis: HPCL Seeks Rare Russian LPG Cargo as Hormuz Closure Hits Supply

    India’s state-run Hindustan Petroleum Corp has issued a rare tender seeking a liquefied petroleum gas tanker to immediately load propane and butane from Russia’s Ust-Luga port, a tender document seen by Reuters on Monday showed.The vessel, to be loaded with 12,000 metric tons of Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *