Ola Electric Mobility544225Electric vehicles
Analysts flagged concerns on Ola Electric as the business is not generating cash, and Goldman Sachs downgraded the stock, sending it down about 4%
By ScoutQuest · · 1 min read
- Stock move today
- 4 percent down
Heard on business television between 09:09:30 - 09:12:30 IST.
- Panelist noted the business is not generating any cash, calling it a key factor to watch for Ola Electric.
- Analyst said he is not a big fan of such companies and declined to comment on Ola or Swiggy.
- Goldman Sachs downgraded the brokerage rating on Ola Electric.
- Stock was down nearly 4% following the downgrade.
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Also from Ola Electric Mobility
Goldman Sachs downgraded Ola Electric to sell from neutral, cutting target price to ₹23 from ₹39, as stock fell below ₹30
23 Oct 2026
Goldman Sachs downgraded Ola Electric to sell from neutral, cutting target price to ₹23 from ₹39, as the stock fell below ₹30
23 Oct 2026
Goldman Sachs downgraded Ola Electric to sell and cut target price to 23 rupees per share, citing cash flow and CAPEX challenges
23 Oct 2026
Source: Live TV News Channel · 23 Oct 2026
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