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“Ola Future factory which is the largest two-wheeler factory in the world, is our global manufacturing hub. We will take the products all around to newer international markets and across Europe, UK, ASEAN and south-east Asia as well.”

On the technical charts, the 200-day moving average of the stock stood at Rs 123.12.

A total of 89,429 shares changed hands on the counter till time (IST).

“One should not plan for a 20% return and invest on that basis. If you get more than 14-15%, be grateful. It is this new crowd of investors who have come in last year because of lockdown or work from home who have this feeling that one is supposed to make 30-40%.”

“Over the next one year, the Bharti Airtel stock should be trending higher and from current levels, return expectation should be 15-20%. ”

Ratan Tata’s wealth, largely sourced from Tata Sons, stood at Rs 3,500 crore, putting him at 433rd position on the IIFL Wealth Hurun India Rich List 2021. In the 2020 list, Ratan Tata’s ranking was 198th with wealth at Rs 6,000 crore.

In the spot market, highest purity gold was sold at Rs 45,851 per 10 gram while silver was priced at Rs 58,118 per kg, according to the Indian Bullion and Jewellers Association.

The stock quoted a 52-week high price of Rs 604.0 and low of Rs 364.3.

The stock traded at a P/E multiple of 11.33, while the price-to-book value ratio stood at 2.86.

The company is planning to utilize the Pre-Series A funding for its growth making it a platform of choice for Indian Investors.