Ola Electric Slides on Margin Doubts

  Published 8 months ago

Ola Electric shares fall 4% despite margin optimism, as analysts flag PLI delays and EV sector slowdown risks.

  • Ambit Capital is skeptical of margin gains due to captive cell plant delays and pending PLI scheme approval.
  • Investec sees rising margins but warns of slower EV demand and intense competition dampening volume growth.
  • Goldman Sachs highlights Ola’s EBITDA focus, but calls for clarity on execution, volumes, and market share targets.

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