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Mobikwik, IKS, Ola, Hexaware from IPO index tank up to 15%, record new lows

Business Standard LogoBusiness Standard22h ago

Mobikwik, IKS, Ola, Hexaware from IPO index tank up to 15%, record new lows - Business Standard

Quick Summary:

Thus far in the calendar year 2025, BSE IPO index has underperformed the market by falling 22 per cent, as compared to 5.4 per cent decline in the BSE Sensex.

Rosmerta Digital Services Limited, an operational creditor of Ola Electric Technologies Private Limited, a wholly owned subsidiary of the company.

With today’s decline, the market price of Ola has plunged 70 per cent from its 52-week high level of Rs 157.53 hit on August 20, 2024.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 10:53:17 (22 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 770 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27072875

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 249 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Mobikwik, IKS, Ola, Hexaware from IPO index tank up to 15%, record new lows" was covered 22 hours ago by Business Standard, a news publisher based in India.

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