# Ola Electric shares dip 5% after Goldman Sachs downgrades stock to Sell. Here’s why

- Source: Economic Times
- Published: 2026-10-23T04:11:39+00:00
- Category: Business
- Original: https://economictimes.indiatimes.com/markets/stocks/news/ola-electric-shares-dip-5-after-goldman-sachs-downgrades-stock-to-sell-heres-why/articleshow/135134048.cms
- Canonical: https://groundlevelnews.com/story/ola-electric-shares-dip-5-after-goldman-sachs-downgrades-stock-to-sell-89c883/

Ola Electric shares fell sharply on Friday after Goldman Sachs downgraded the stock to Sell from Neutral and cut its target price to Rs 23, implying a 28% downside. The brokerage lowered its FY27-FY29 revenue estimates by up to 10%, citing prolonged operating losses and challenges in sustaining market share.

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