BusinessPhoto: Mint MarketsGoldman Sachs Downgrades Ola Electric Stock to Sell
Goldman Sachs downgraded Ola Electric's stock rating to Sell and lowered its price target from ₹39.28 to ₹23. The downgrade is due to weak cash flow, funding requirements, high interest costs, and operational challenges. Goldman Sachs expects prolonged losses and increased competition to slow Ola Electric's recovery.
Mint Markets·



