Mobility

Ola Electric Wheelchair Share Price Reaches Three-Week Low As Anchor Investors Set To Unload Risk

.Shares of Ola Electric Wheelchair Ltd. lowered to over three-week low on Monday, as support entrepreneurs are actually readied to sell shares. In the first round of portion sale, anchor capitalists will definitely launch 18.17 crore allotments or even 4.08% of its overall equity. Support clients are called for to keep concern for a minimum required of thirty days. They can easily sell up to fifty% of their present holding. The upcoming around of support book is on call available for sale on Nov. 8. Ola Electric Wheelchair stock listed flat on Aug. 9, contrasted to a concern rate of Rs 76 apiece. On the listing day, the sell finished 20% greater at Rs 91.2 each on the National Stock Exchange.