Ola Electric Mobility shares plunge over 5% ahead of Q1 results

Shares of Ola Electric Mobility Ltd. are trading with losses of over 5% on Wednesday, marking its fourth trading day since its stock market debut. The stock is currently under scrutiny ahead of the company’s June quarter results, which are set to be reported later today, August 14.

In addition to the earnings report, Ola Electric is also in the spotlight for the upcoming unvei…

Read more

Rupee falls 16 paise to 83.10 against US dollar in early trade

The rupee depreciated by 16 paise to 83.10 against the US dollar in early trade on Monday, taking cues from subdued equity market sentiment and a firm American currency against major rivals overseas. Withdrawal of foreign funds from domestic equities and upward movement in crude oil prices also weighed on the Indian currency, forex traders said.

At the interbank foreign exchange, th…

Read more