📰 ET Stocks 🔴 BEARISH 🕒 23 Oct 2026, 09:41 AM IST

Ola Electric shares dip 5% after Goldman Sachs downgrades stock to Sell. Here’s why

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Core Development: Ola Electric shares dip 5% after Goldman Sachs downgrades stock to Sell. Here’s why

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Market & Financial Impact: Ola Electric shares fell sharply on Friday after Goldman Sachs downgraded the stock to Sell from Neutral and cut its target price to Rs 23, implying a 28% downside. The brokerage lowered its FY27-FY29 revenue estimates by up to 10%, citing prolonged operating losses and challenges in sustaining market share.

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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

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Ola Electric shares dip 5% after Goldman Sachs downgrades stock to Sell. Here’s why

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