Ola Electric shares decline 12% in 2 sessions after Softbank trims stake in firm to 15.68%
Shares of Ola Electric Mobility declined 6 per cent in intraday deals on Friday, September 5, extending losses to the second straight session after SoftBank trimmed its stake in the electric scooter maker to 15.68 per cent. In two sessions, the stock has lost 12 per cent.
Japan’s SoftBank Group has trimmed its stake in Ola Electric Mobility Ltd, reducing its shareholding to 15.68 per cent from 17.83 per cent, as per a regulatory filing on Thursday.
