Business News: OLA’s Public Listing Saw Bumper Returns of More Than 100%

Business News: Ola Electric Mobility saw bumper returns after its listing, as the company has given a return of more than 100% in just one week. In this video, we will discuss if the books of this company are as promising as the return it has given. 

Ola Electric Listing

A fundamental investor posted a comparative analysis with Ola’s peer Hero Motocop. OLA’s  market cap is more than Rs 60,000 Cr, which the company has sold for Rs 5,000 Cr in FY23-24. Out of which the company has lost Rs 1,584 Cr. Ola Electric has a debt of Rs 5,600 Cr, which is more than their sales. If we talk about cash flow, then the company is working on negative operating cash flow of Rs 600 Cr. Talking about Hero Motocop, with a market cap of more than Rs 1,00,000 Cr, the company witnessed a sale of about Rs 37,700 Cr in FY23-24. Watch the video to learn more about this analysis.