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    Ola Electric shares drop 4% as EV maker plans Rs 1,000 crore rights issue

    The Economic Times
    October 8, 2026
    via The Economic Times

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    Ola Electric shares drop 4% as EV maker plans Rs 1,000 crore rights issue

    Shares of Ola Electric Mobility came under pressure on Thursday, October 8, falling as much as 3.63% to an intraday low of Rs 35 apiece on the NSE after the electric vehicle maker approved a rights issue to raise up to Rs 1,000 crore through partly paid-up equity shares.At the last count, Ola Electr

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