How Green is

Ola Electric?

Fundamental Analysis

STOCK SNAPSHOT

Market Cap: ₹39,314 Cr 52-Week High/Low: ₹158/ ₹76 Book Value/share: 11.55 Debt to Equity: 6.41 ROCE: - 32.1%

STRENGTHS

– High Market share in Electric Two-Wheelers – Plans for Expansion through Ola Gigafactory – Growing EV Market in India

WEAKNESSES

– High Debt Levels – Loss-making – High Consumer compliants

RECENT NEWS

Central Consumer Protection Authority issued a show cause notice for “alleged violation of consumer rights, misleading advertisement and unfair trade practices”.

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