{固定描述} Shares of Ola Electric experienced a sharp decline after the company's recent quarterly results revealed a 57% year-over-year drop in revenue and slumping volumes. Brokerage Emkay Global has maintained a Sell rating on the stock, setting a target price of Rs 25, which implies a potential downside of over 35% from current levels. The weak performance comes amid mounting competition from rivals such as Ather Energy and TVS Motor Company, clouding the near-term recovery outlook.
Ola Electric Faces Bearish Outlook as Emkay Flags Potential 35% Downside Following Weak Q4 - Post-Announcement Reaction
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