olaelectric

15 рет көрілді
2 адам талқылап жатыр
ScalpingX
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Ola Electric falls over 6% as revenue weakens and recovery prospects remain under pressure 📉 Ola Electric shares fell as much as 6.3% to ₹33.48 on November 13 following its Q2 FY27 results. Investors focused on declining revenue and analyst forecast cuts. 📊 Revenue fell 39% YoY to ₹4.21 billion. Net loss narrowed to ₹3.62 billion from ₹4.18 billion a year earlier but widened sequentially. 🧾 Revised asset useful lives reduced quarterly depreciation expenses by ₹380 million, supporting earnings. The narrower loss alone does not establish an operating recovery. 🏦 Citi cut FY27–29 volume estimates by 21–22%, while Goldman Sachs also lowered revenue forecasts. The dealer transition could reduce operating costs while pressuring gross margins. 🏭 Management targets production of 25,000 vehicles in December. Delivering that target and controlling margins will be key to the recovery plan’s credibility. #OlaElectric $XRP
Ola Electric falls over 6% as revenue weakens and recovery prospects remain under pressure

📉 Ola Electric shares fell as much as 6.3% to ₹33.48 on November 13 following its Q2 FY27 results. Investors focused on declining revenue and analyst forecast cuts.

📊 Revenue fell 39% YoY to ₹4.21 billion. Net loss narrowed to ₹3.62 billion from ₹4.18 billion a year earlier but widened sequentially.

🧾 Revised asset useful lives reduced quarterly depreciation expenses by ₹380 million, supporting earnings. The narrower loss alone does not establish an operating recovery.

🏦 Citi cut FY27–29 volume estimates by 21–22%, while Goldman Sachs also lowered revenue forecasts. The dealer transition could reduce operating costs while pressuring gross margins.

🏭 Management targets production of 25,000 vehicles in December. Delivering that target and controlling margins will be key to the recovery plan’s credibility.

#OlaElectric $XRP
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