Ola Electric Mobility Share Price: BSE 500 stock slides after Block Deal, Bhavish Aggarwal offloads 4% stake

SUMMARY

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  • Block deal of 1.37 lakh shares occurs; Bhavish Aggarwal sells stake to repay ₹260 cr loan.
  • Promoter stake drops, but remains high at ~34%; pledged shares to be released soon.
  • Ola Electric Q2 revenue rises 35.5% to ₹828 cr; Auto business EBITDA positive in June.
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