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The Economic Times

Business

Debaroti Adhikary

Ola Electric shares soar 10%, stock rallies 86% in 6 months. More upside ahead?

Ola Electric Ola Debaroti Adhikary SEBI

Ola Electric Mobility shares surged nearly 10% on Wednesday, extending sharp gains for the third consecutive session and rallying over 86% in just six months after hitting a record low in March this year.

Shares of the EV scooter-maker soared to Rs 41.44 apiece on NSE on Wednesday morning, pushing its market capitalisation beyond Rs 19,000 crore. This came on the back of strong trading volumes on the counter.

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