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Ola Electric shares rally 33% in three days, market value soars by Rs 3,360 crore. What's behind the surge?
Ola Electric shares surged over 7% on Monday, capping a 33% gain in three sessions, driven by robust March sales, PLI certification for its Roadster X+ motorcycle, and improved service operations. The company achieved over 1,000 daily orders and crossed 1 million cumulative registrations, signaling a strong turnaround and renewed investor confidence in India's EV market.
Electric mobility stocks led by JBM Auto surge up to 14% on strong volumes
JBM Auto's shares are also the third-most traded on the Nifty 500 currently, behind HDFC Bank and Eternal.
Market Bounce or Bull Trap? Nifty Recovers Sharply as Reliance, Ola Electric, Tata Motors Drive Stock-Specific Action - NiftyTrader
Market Bounce or Bull Trap? Nifty Recovers Sharply as Reliance, Ola Electric, Tata Motors Drive Stock-Specific ActionNiftyTrader
Ola Electric plans Rs 2,000 cr fundraise for battery arm
Ola Electric is raising up to Rs 2,000 crore by selling a stake in its battery unit, Ola Cell Technologies. This move aims to strengthen its finances and restructure operations. The company's battery plant in Tamil Nadu is set to expand its capacity. This development is crucial for India's domestic EV supply chain and energy storage solutions.
Ather eyes big distribution push in FY27 adding 400 stores—in stark contrast with Ola Electric's shrunk footprint
Ather Energy plans a big distribution push expanding its store network to over 1,100 by March 2027—opening more than a store every day on an average. Read about the newest warfront in Indian electric scooters market blended with insights from an earlier Ather CEO Tarun Mehta interview.
Euler Motors calls for relaxation of auto PLI criteria to enable EV start-ups participation
Euler Motors, a leading electric vehicle start-up, calls for changes to India's automotive PLI scheme. Current high revenue and investment thresholds exclude promising companies like Euler Motors. Relaxing these criteria would allow EV start-ups to benefit and contribute more significantly to India's green mobility goals. The company highlights its substantial investments and employment generation as reasons for inclusion.
Stock market crash: TCS, Infosys, Suzlon Energy, Ola Electric among 264 stocks that hit 52-week low on NSE - Upstox
Stock market crash: TCS, Infosys, Suzlon Energy, Ola Electric among 264 stocks that hit 52-week low on NSEUpstox
Vodafone Idea, Ola Electric to Easy Trip Planners — These are the top most traded stocks on the NSE today
On February 20, the Indian stock market saw significant trading activity, with Easy Trip Planners, Ola Electric, and Vodafone Idea leading the charts. Despite fluctuations, the Nifty 50 rebounded, spurred by short covering after recent declines. Discover the stocks making waves today.
Ola Electric shares snap 4-day losing streak after Bombay HC stays arrest warrant against CEO Bhavish Aggarwal
Ola Electric in a statement said the High Court also observed that the District Consumer Commission had exceeded its jurisdiction under the Consumer Protection Act while issuing the warrant.
Ola Electric falls 4% on lower Q4 revenue; HSBC cuts price target
HSBC said the company’s cautious approach towards scaling battery cell production appeared prudent, but delays had reduced a key competitive advantage for the company.