The honeymoon period is over for Ola Electric, the fast-growing Indian electric motorcycle company, as its stock continues its downtrend. Ola Electric’s share price has erased most of the gains made after its initial public offering in 2024.

Shares of Ola Electric tumbled nearly 5% to INR 75.81 apiece on the NSE during the intraday trading today, slipping below its listing price of INR 76 apiece

Ola Electric recently revealed its expansion plans with new showrooms through social media posts which irked the regulator.

Ola Electric announced its e-scooter expansion plans first on social media instead of announcing it on the stock exchanges.

The fall in Ola Electric share price came after the markets regulator Securities and Exchange Board of India (Sebi) issued an administrative warning letter over disclosure violations

India's markets regulator has sent a warning letter to Ola Electric for sharing information on social media before disclosing it to investors, adding to a long line of troubles for the electric two-wheeler maker.

Ola Electric Mobility Ltd. was warned by India’s markets regulator against posting company updates on social media before disseminating information to its investors.

New Delhi, Jan. 8 -- ola electric | ola electric shares | ola electric stocks | ola electric news Shares of Ola Electric slumped more than 3% in early trade on Wednesday after getting a warning from the markets regulator.

The Securities and Exchange Board of India (SEBI) has issued an administrative warning to Ola Electric Mobility for breaching disclosure norms. Post the issue of warning, Ola's shares dropped nearly 3.