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Bhavish Aggarwal’s stake sale drags Ola Electric shares to record low; over 2% sold in three days

Ola Electric shares touched an intraday high of Rs 36.17 on Wednesday. Later, some profit booking was seen. At around 12:03&nbsp;pm, the stock was trading 1.42&nbsp;per cent lower at Rs 33.99.

Ola Electric stock jumps 5% after Bhavish Aggarwal offloads 2.6 crore shares

Ola Electric Q2 Results:&nbsp;The company announced that it achieved Auto EBITDA profitability for the first time, supported by a gross margin of 30.7 per cent — an improvement of 510 basis points sequentially. Operating expenses were reduced by nearly 52 per cent quarter-on-quarter, helping improve overall efficiency.

Ola Electric Q2 Results: Loss narrows to Rs 418 crore, Auto EBITDA turns positive

Rajiv Bajaj, who is the managing director of Bajaj Auto, said that it was the quality of work that matters, not the number of hours. "The 90-hour work week start from top. I can work while having my mornin teas while doing yoga. Number of work hours don’t matter quality matters.”

Did L&T chairman's working hours remark just create ripples across social media?

It started when Kamra responded to a post on X by Agarwal, who posted a photo of Ola's gigafactory, by putting a picture of several Ola Electric scooters parked together seemingly waiting for servicing.

Bhavish Aggarwal, Kunal Kamra clash on X; this is what fuelled war of words

In the first quarter of this fiscal, Ola Electric's automotive segment EBITDA was almost break-even but for a one-time reversal of about Rs 30 crore it had to pay for a change in standard operating procedure in the government for PLI rules, he said, adding the cell segment is at a different stage of evolution.

Roadmap to profitability laid out, electric car off the table: Ola Electric CMD Bhavish Aggarwal

Ola electric car:&nbsp;"Designed to deliver a drag coefficient of less than 0.21, it will be the sportiest car ever built in India with an all glass roof," said the company. The car will be equipped with one of the most advanced computers in a 4W, assisted driving capabilities, keyless and handless doors amongst many other features etc, the company added.

Ola electric car unveiled: How far it can go on single charge - Details

In a series of tweets, Aggarwal also detailed about the upcoming MoveOS 3 update to the S1 series of electric scooters.

Ola electric car teaser: CEO Bhavish Aggarwal says 'building sportiest car ever built in India!'

On Friday, Ola Electric informed that it will open the final payment window on January 21 for all the customers, who have already paid Rs 20,000 for its electric scooters.

Ola Electric Scooters: CEO Bhavish Aggarwal confirms to upgrade S1 customers to S1 Pro hardware 

M&M-Ola tie-up set to shape future vehicle design; eyes Rs 2,600 crore revenue in next 2 years

bhavish-agarwal

Ola Electric shares touched an intraday high of Rs 36.17 on Wednesday. Later, some profit booking was seen. At around 12:03 pm, the stock was trading 1.42 per cent lower at Rs 33.99.

Ola Electric Q2 Results: The company announced that it achieved Auto EBITDA profitability for the first time, supported by a gross margin of 30.7 per cent — an improvement of 510 basis points sequentially. Operating expenses were reduced by nearly 52 per cent quarter-on-quarter, helping improve overall efficiency.

Rajiv Bajaj, who is the managing director of Bajaj Auto, said that it was the quality of work that matters, not the number of hours. "The 90-hour work week start from top. I can work while having my mornin teas while doing yoga. Number of work hours don’t matter quality matters.”

It started when Kamra responded to a post on X by Agarwal, who posted a photo of Ola's gigafactory, by putting a picture of several Ola Electric scooters parked together seemingly waiting for servicing.

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Bhavish Agarwal

Bhavish Aggarwal’s stake sale drags Ola Electric shares to record low; over 2% sold in three days

Ola Electric stock jumps 5% after Bhavish Aggarwal offloads 2.6 crore shares

Ola Electric Q2 Results: Loss narrows to Rs 418 crore, Auto EBITDA turns positive

Did L&T chairman's working hours remark just create ripples across social media?

Bhavish Aggarwal, Kunal Kamra clash on X; this is what fuelled war of words

Roadmap to profitability laid out, electric car off the table: Ola Electric CMD Bhavish Aggarwal

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