Ola Electric shares dip 5% after Goldman Sachs downgrades stock to Sell. Here’s why
The Economic Times ·
Ola Electric shares fell sharply on Friday after Goldman Sachs downgraded the stock to Sell from Neutral and cut its target price to Rs 23, implying a 28% downside. The brokerage lowered its FY27-FY29 revenue estimates by up to 10%, citing prolonged operating losses and challenges in sustaining market share.
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- 23/10/2026, 4:11:39 am
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