Ola Electric share price slips 3% as ARAI questions co’s pricing practices | News on Markets
 "Ola Electric, OLA")
Ola Electric, OLA(Photo: Shutterstock)
Ola Electric Mobility shares declined 3.2 per cent in Monday morning deals to log an intraday low of Rs 87.34 per share. The shares of India’s largest electric two-wheeler manufacturer slipped after the company’s recent pricing practices came under the lens of the Automotive Research Association of India (ARAI).
ARAI is an automotive testing agency operating under the Ministry of Heavy Industries.
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At around 10:58 AM, Ola Electric’s share price was down 2.67 per cent at Rs 87.73 per share. The stock fell for the third consecutive session. In comparison, the BSE Sensex was up 0.56 per cent…
