OLA electric is the next decacorn? ⚡ ⚡
Post IPO it's almost 2x
HSBC raised Target Price to 140
What's your take guys especially seeing their future plans of bike n cars!
Desi tesla loading ✌️🚀💎
You should check HSBC or its subsidiary was anchor investor or not 😛
Manufacturing business needs lots of patience & consistency. Going by the track of promoters, looks slightly off. Also, we have to wait & watch the demand of electric motorcycles, especially the kind of heating issues scooters faced. Incumbents (Ultraviolet or Revolt) aren’t a common sight yet. CNG motorbikes might capture the cost efficient segment.
I agree partially
- HSBC not on anchor investor list, just checked
- Bhavish has huge obsession for startup, if he can give a run to uber, he can do same in automotive...I believe not in his 2 digit iit rank but his obnoxious mindset of challenging big daddy's like uber, open AI, tesla etc
- Cng cost was 10-20/kg 10y back, now it's 90/kg, not viable
- EV wave is there, with Solar mission and renewable energy focus, b4 green hydrogen EVs will rule for next 2decades
I wanted to type multiple things but looks like someone else created a better thread https://x.com/stocksroyale1/status/1824451351319023899?s=46
If Ola is the next Tesla, then I am the next Jim Cramer