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The Economic Times
The Economic Times
Debaroti Adhikary

Ola Electric shares jump 9%, skyrocket 93% in 2 months. What's fuelling the rally?

The shares of Ola Electric Mobility surged nearly 9% to hit their highest level in more than four months on Friday, recovering around 93% from March lows.

The shares of the EV-scooter maker jumped to Rs 42.88 apiece on the NSE on Friday. This is the highest level seen by the stock since January 7 this year. The stock has staged a strong recovery after hitting an all-time low of Rs 22.25 apiece on March 16 this year.

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