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Ola Electric shares decline 4% as SoftBank trims stake to 15.68% in 2 months

Ola Electric shares decline 4% as SoftBank trims stake to 15.68% in 2 months

SoftBank reduced its stake in Ola Electric, joining other investors like Tiger Global and Hyundai in trimming holdings. Despite this, Ola Electric secured PLI scheme certification, potentially easing financial pressures. The company reported lower revenue and…

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