Bhavesh Agarwal sold his stake in Ola Company. TVS and Ather electric scooter sales increased.

Bhavesh Agarwal sold his stake in Ola Company. TVS and Ather electric scooter sales increased.

Ola Electric is once again in the news, but this time the reason isn't electric scooters, but promoter share sales. Panic has grown among investors after Ola Electric promoter Bhavish Aggarwal sold approximately ₹324 crore worth of shares. The question is: is the promoter himself exiting? According to data: Ola Electric shares have fallen ~70% in one year. Consistent losses, negative EBITDA, and rising customer complaints. After-sales issues, fire incidents, and regulatory actions have eroded confidence. #olaelectric #evnews #ola #olascooter #hindinews