Category: Stock

Ola Electric shares rally 14% this week. Analysts see Rs 70 on the horizon despite risks. Should you buy now?

Ola Electric shares rose 14% this week after the company secured Production Linked Incentive (PLI) certification for its Gen 3 scooters. This achievement management says will bolster margins and accelerate its path to profitability. However, the rally comes against the backdrop of steep losses over the past year and intensifying competition, prompting investors to question […]

Raamdeo Agrawal sees long-term opportunities as India enters new growth cycle

Market veteran and Motilal Oswal Financial Services Chairman Raamdeo Agrawal believes India’s economy and equity markets are entering a new structural growth cycle, offering long-term opportunities but warranting caution and selectivity in stock picking. In a post on X (formerly Twitter), Agrawal noted, “India’s economy and markets are entering a new structural growth cycle. This […]

After plumbing lows, Ola gets a full charge on D-Street; stock jumps 31% in August

Ola Electric Mobility shares posted their biggest monthly gains since listing in August last year, driven by expectations of securing the government’s production-linked incentives and fresh institutional investor interest. The stock jumped nearly 31% in August-when the market sentiment has been wobbly-rebounding from its all-time lows last month, boosted by the 14.5% gains this week […]

Global stocks decline with tech shares; dollar weakens as Fed rate cut in view

Major stock indexes fell on Friday, with technology shares including Dell Technologies leading declines, while the dollar weakened against the euro after U.S. inflation data kept alive expectations of a September interest rate cut. Dell dropped 8.9% after it reported results late Thursday that included high manufacturing costs for artificial intelligence-optimized servers. Other AI-related shares […]

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