Ola Electric shares shed over 5% after 3.2% stake changes hands in block deal

Ola Block Deal News: Ola Electric Mobility shares faced a decline after a significant block deal. Approximately 3.2% of equity changed hands. This transaction occurred amidst ongoing worries about the company's financial health. Hyundai is reportedly the seller. The stock has experienced sustained selling pressure recently. Weak Q4 earnings also contributed to the downturn.