Ola Electric Mobility544225Electric vehicles
Goldman Sachs downgraded Ola Electric to sell from neutral, cutting target price to ₹23 from ₹39, as stock fell below ₹30
By ScoutQuest · · 1 min read
- Stock price level
- below 30 rupees
- New target price
- 23 rupees
- Previous target price
- 39 rupees
- Downside level 1
- 24
- Downside level 2
- 20
Heard on business television between 12:32:41 - 12:35:41 IST.
- Ola Electric fell below the ₹30 mark.
- Goldman Sachs downgraded the stock to sell from neutral.
- Target price cut to ₹23 from ₹39 earlier.
- Ongoing rights issue flagged as the next key trigger for the stock.
- Analyst Sachin Sarwade said the stock is in a severe downtrend on daily, weekly and monthly timeframes, forming lower highs and lower lows, with downside to 24 and 20 levels.
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Source: Live TV News Channel · 23 Oct 2026
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