Ola Electric reported a smaller loss for the September quarter compared to the same period last year. Revenue grew by 39% year-on-year, driven by strong sales of electric scooters. The company delivered more than 98,000 electric scooters during the quarter. Ola Electric is expanding its distribution network and aims to have 2,000 stores by March 2025.
Posts in category Economic Times
F&O Radar| Deploy Bull Call Spread for potential gains from market rebound (11-11-2024)
Donald Trump’s presidency boosted global markets, including India, but domestic factors like FII selling and preference for Chinese markets offset gains. Nifty’s support is at 24,000 and resistance at 24,500, with a potential for sideways to positive movement above 24,000. Traders are advised to watch these levels and consider a Bull Call Spread strategy for potential gains.
At multi-year highs: These 4 stocks witness 5-year swing high breakout (11-11-2024)
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe