Ola Electric Mobility shares drop 4% as 3-month lock-in period expires today

Ola Electric Mobility’s shares dipped 4% as an 18.2 crore share lock-in period ended, allowing certain investors to sell their previously restricted shares. This lock-in period, common after IPOs, aims to stabilize stock prices. The company’s shares, despite a recent surge, have experienced declines over the past month. An upcoming board meeting will address financial results. Ola Electric Mobility’s shares dipped 4% as an 18.2 crore share lock-in period ended, allowing certain investors to sell their previously restricted shares. This lock-in period, common after IPOs, aims to stabilize stock prices. The company’s shares, despite a recent surge, have experienced declines over the past month. An upcoming board meeting will address financial results.  Economic Times