Ola Electric shares fall over 4% as analyst retains 'reduce' rating, sees 37% downside

Shares of Ola Electric Mobility fell more than 4% on Tuesday, September 29, as HSBC maintained its "reduce" rating on the electric two-wheeler maker, citing execution and brand-rebuilding risks despite progress on battery manufacturing and localisation.The brokerage's target price of ₹24 per share…