Indian electric vehicle maker Ola Electric's customers aren't happy with its service and scooters, and it's affecting the company's stock and market Ola Electric's market cap fell below $4.75 billion for the first time since its public debut in August.

Ola Electric‘s share price band has been revised upwards by the exchanges. What Happened: Ola Electric's share price has been under pressure over the past few weeks. The stock ended Monday over 8% lower at ₹90.

Ola Electric share price fell more than 9% on Monday, continuing a downward trend that has seen the stock decline nearly 11% over the past week and over 17% in the past month.