Shares of Ola Electric Mobility Ltd (NSE: OLAELEC) are in focus today after a large block deal took place in early trade.
A total of 14.2 crore shares, representing 3.2 percent equity, were sold via block deals, aggregating to a deal size of Rs 731 crore.
As of 9:26 AM, shares of Ola Electric were trading at Rs 50.34, down 6.22 percent from the previous close of Rs 53.68. The stock opened at Rs 52.00 and has touched a low of Rs 50.32 so far, with total volume at over 17.26 crore shares already.
The deal is being closely tracked by investors as part of recent market activity in the stock.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.
