Ola Electric Stock Crashes to 52-Week Low After Promoter Sells ₹142.3 Cr Stake

• Ola Electric stock hit a 52-week low of ₹31.55 on Thursday, trading down 3.83% at ₹31.64 on NSE.
• The significant drop followed promoter Bhavish Aggarwal's sale of a 1% stake for ₹142.3 crore on Wednesday.
• The promoter's stake sale is seen as a negative market signal, impacting investor sentiment.
• The stock has fallen sharply from its 52-week high of ₹99.95, indicating continuous pressure.
• Experts predict weak recovery due to the stake sale and valuation concerns, with high volatility expected.

Why It Matters: Ola Electric's stock plunged to a 52-week low after its promoter sold a significant stake.