Ola Shares Plunge 67%: Bhavish Aggarwal Sells Stake, S&P Downgrades ANI Tech

• Ola Electric co-founder Bhavish Aggarwal sold 4.2 crore shares (1.5% stake) worth ₹234 crore, citing loan repayment.
• Ola's share price plummeted 67% in one year and 25% in one month, now trading at a record low.
• S&P Global downgraded parent entity ANI Tech from CCC+ to CCC- with a negative outlook due to continuous losses in Ola Cabs.
• Ola Electric's two-wheeler EV market share significantly declined from 18% in August to 7% in November.
• Experts advise investors to exercise caution, manage risk, and use stop-loss orders when dealing with volatile shares.

Why It Matters: Ola faces investor confidence crisis as founder sells shares, S&P downgrades, and market share shrinks.