There is so much negativity about Ola Electric IPO! So much so that it is nauseating. It also seems Google & YouTube too are against this IPO. Those creators who make negative news about Ola Electric IPO are getting higher visibility. Most YouTuber share-market “analysts” have written negatively about a company which is THE market leader… that too by 30 percent.
Do the analyst think it is a JOKE to get 30% of a market which has the three of the BIGGEST 2-wheeler makers in the world (Hero Motors, Bajaj & TVS)? If they do then it shows their intelligence.
Or should we just call them “Chart-walle-bhaiya-log”?
These were the same “Chart-walle-bhaiya-log” who used to call Suzlon a “flop” company or Fluk-Company.
They also used to call Tata Motors a flop company last year when its shares were trading below Rs 120.
Investment in Ola Electric will reap benefits only in long term (10+ years). The company is in loss due to heavy investment in plant & machinery and will turn profitable over the years. This year it just set up plant for manufacturing Li-Ion batteries and started manufacturing leaving Exide & Amara Raja far behind.
Then there is eRickshaw & eCar manufacturing. All this is capital intensive.

Last time I saw such…
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