Ola has reached the lower end of the valuation band which is 24 bucks

Ola has reached the lower end of the valuation band which is 24 bucks. This is where this stock has become interesting.

Ola has reached the lower end of the valuation band which is 24 bucks
This is where this stock has become interesting. I dont have fresh cash, else would have parked some money here

Earlier view (15 Feb):

Looking at history of auto makers (even loss makers), they generally find fundamental support st 2.5x of BV
Ola current BV 9.8, 2.5x comes to ~24-25 bucks. Interesting to see what it does next week

Originally posted on X.

This is research and education, not personalised investment advice. Securities investments carry market risk; consult a registered adviser before investing. See the full disclaimer.

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