Ola Electric shares dip 5% after Goldman Sachs downgrades stock to Sell. Here’s why

Goldman Sachs Ola Electric Downgrade: Why stock rating changed to sell; 23% downside seen - New target price, rationale

Goldman Sachs downgraded Ola Electric to Sell and cut its price target to ₹23 from ₹39.28, citing weak cash flow, funding needs, high interest costs and operational challenges. It expects prolonged losses and tougher competition to hinder the company’s recovery.

Ola Electric shares plunge to six-month low after Goldman Sachs gives ‘sell’ call, downgrades target price

Goldman Sachs cut Ola Electric’s gave ‘Sell’ call and cut the share price target to Rs 23, citing a more challenging path to free cash flow, elevated interest costs, significant capital expenditure requirements and a prolonged period of operating losses.

Ola Electric shares dip 5% after Goldman Sachs downgrades stock to Sell. Here’s why

Ola Electric shares fell sharply on Friday after Goldman Sachs downgraded the stock to Sell from Neutral and cut its target price to Rs 23, implying a 28% downside. The brokerage lowered its FY27-FY29 revenue estimates by up to 10%, citing prolonged operating losses and challenges in sustaining market share.

Ola Electric Slides Over 7% After Bearish Call From Goldman Sachs

Shares of Ola Electric crashed as much as 7.6% to hit an intraday low about ₹29 on the BSE today after a bearish outlook from Goldman Sachs

Ola Electric shares fall over 6 pc as analysts downgrade to sell

New Delhi, Oct 23 (SocialNews.XYZ) Shares of Ola Electric Mobility declined over 6 per cent on Friday after analysts downgraded the stock to sell from neutral and sharply cut its 12-month target price. In morning... - Social News XYZ