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The Economic Times
The Economic Times
Debaroti Adhikary

Ola Electric shares jump 10%, surge 120% in just 12 weeks. Does this rally have more steam left?

Shares of Ola Electric Mobility surged 10% on Tuesday, extending the sharp rally in the EV scooter-maker’s stock. The stock has now climbed nearly 120% in less than three months from its record low of Rs 21.2.

Ola shares rose to Rs 49.05 apiece on the NSE on Tuesday — their highest level since November last year. The company’s market capitalisation currently stands at around Rs 22,465 crore.

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