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mrmadhusudanrawat• Sep 2, 05:10 PM
c/All About Indices
Ather Energy market cap: ~₹64,000 crore Ola Electric market cap: ~₹18,000 crore ...
Ather Energy market cap: ~₹64,000 crore
Ola Electric market cap: ~₹18,000 crore
That’s a 3.5X valuation gap.
But August registrations:
Ather energy sales are still ~2.3X Ola’s ( recovering market share).
And Ola Electric has a wildcard the market may be ignoring: in house cells, a gigafactory and a battery storage business spanning homes, businesses and utility grids.
Ather is being priced for continued perfection.
Ola Electric is being priced for permanent failure.