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Vodafone Idea, Ola Electric, Adani Power— These are among the most traded stocks on NSE today, April 6 - Mint
Vodafone Idea, Ola Electric, Adani Power— These are among the most traded stocks on NSE today, April 6Mint
Vodafone Idea, Ola Electric, Adani Power— These are among the most traded stocks on NSE today, April 6
Vodafone Idea, Ola Electric Mobility, Adani Power, Reliance Power, YES Bank, Jaiprakash Power Ventures, Tata Gold Exchange Traded Fund, Tata Silver Exchange Traded Fund, Suzlon Energy, and PC Jeweller were among the most traded stocks on the NSE.
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.
Clean mobility surge: EV, hybrid & CNG cars capture nearly 30% of India’s auto market in FY26
Indian buyers are increasingly choosing cleaner vehicles. Electric, hybrid, and CNG car sales surged last fiscal year, outpacing the industry average. These vehicles now represent almost a third of the market. This trend offers relief to the government amid oil import challenges. Lower running costs and environmental concerns are driving this shift. New models are also boosting demand.
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.
Mint Explainer | Why Ola Electric is scrambling for cash
Falling scooter sales, a weakening balance sheet and a shifting battery strategy are pushing the EV maker to explore multiple funding options, including a potential stake sale in its cell unit.
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.
Ola Electric shares tank 16%, hit record low; stock down 86% from peak
Ola Electric shares plunged 16 per cent today to hit a record low of ₹21.21. The stock is down 86 per cent from its peak as February Vahan registrations fell 47 per cent M-o-M to 3,968 units
Ola Electric Mobility shares have zero 'buy' ratings from analysts after Goldman Sachs downgrade
Goldman Sachs said that at the revised pace of EBITDA losses and capex, the company's cash burn is likely to necessitate a fundraise over the next 12-18 months.