Shivani Nyati from Swastika Investmart expects the Ola Electric IPO to have a modest start. She said investors will watch closely to see how the market feels about Ola Electric's business and its valuation.
Nyati praised Ola Electric’s goal to become a global leader in electric vehicles, noting their big investments in research and manufacturing. However, she also raised concerns about the company's ongoing financial losses and mentioned challenges such as strong competition, pricing pressures, and employee turnover.
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