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Hyundai Motor sold its entire stake in Ola Electric , while rival South Korean carmaker Kia trimmed its holding, in a combined share sale worth 6.89 billion rupees ($80 million), according to exchange ...
Bhavish Aggarwal-led Ola Electric sold 20,189 electric scooters in the month of June -- a massive 45 per cent drop ...
South Korean automaker Hyundai Motor Company on Tuesday exited Ola Electric Mobility by selling its entire 2.47 per cent stake in the company for ₹ 552 crore through an open market transaction.
Ola Electric sees a 65% sales dip in June, slipping to 3rd in India’s EV market amid rising costs and growing service issues.
Hyundai, which previously held a 2.47% stake in the electric two-wheeler firm, offloaded its shares at ₹50.70 each. Kia, meanwhile, sold 0.6% of its stake at a slightly lower price of Rs 50.55 ...
The recent decline reflects mounting investor anxiety after the Bhavish Aggarwal-led firm reported disappointing financials for the quarter ended March 2025. The Bengaluru-based startup posted a net ...
Ola Electric shares crashed 7% amid likely block deal on the counter, with Hyundai being the seller. According to a CNBC TV-18 report, 3.23% equity or 14.22 crore shares of the company changed ...
In a separate transaction, Kia Corporation, a part of global Hyundai-Kia Automotive Group, also offloaded over 2.71 crore shares, representing a 0.62% stake in Ola Electric Mobility.
Clearly, some of the bullishness of the early days has gone missing. Ola's market share is slipping amid rising competition ...
According to the bulk deal data available on the NSE, Hyundai Motor Company sold more than 10.88 crore shares or 2.47 per cent stake in Bengaluru-based Ola Electric Mobility. The shares were ...
Hyundai and Kia sell ₹690 cr worth of Ola Electric shares amid slump in performance Hyundai sold 108 million shares at ₹50.70 per share, totaling ₹551.9 crore, while its affiliate Kia ...
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