HSBC Cuts Ola Electric's Target Price: A Reality Check Amid Market Challenges!

Unknown Apr 02, 2026 750 Views

HSBC has lowered its target price on Ola Electric Mobility from Rs 70 to Rs 60, indicating continuing issues in the electric two-wheeler sector. Even with a 'Buy' rating retained, HSBC's move reflects worries about weaker-than-anticipated penetration of electric vehicles, concerns reg...