Ola Electric shares soar above ₹100, surpassing expectations! Let’s buckle up for this thrilling ride! 🚀
Ola Electric is making headlines recently as its shares have soared significantly, hitting the upper circuit limit for the second consecutive session. After opening at an impressive ₹97.21 on the BSE, the stock quickly climbed, hitting an intraday high of ₹109.41. This surge signifies a remarkable investor interest in the company, which recently made its debut in the stock market. With a rally of over 41% from its initial public offering (IPO) price of ₹76 just a few days ago, there seems to be no stopping this electric juggernaut!
The momentum didn't end there as Ola Electric shares managed to lock in a 20% upper circuit limit on both the BSE and NSE, showcasing a powerful grip on the market. The shares have attracted eager investors, receiving a whopping 4.45 times subscription during its IPO, with bids totaling an outstanding ₹198.17 crore against only ₹44.5 crore shares on offer. For stock market aficionados, this kind of demand signals a green light for potential future growth and profits in the EV sector.
Despite the recent surge, the company has been facing challenges with increasing net losses over the past four financial years. However, revenue numbers continue to rise, demonstrating that Ola Electric is carving a niche in the competitive electric mobility space. Investors are optimistically looking forward to the upcoming quarterly results scheduled for later this month, hoping that they will paint a promising picture of the company's financial health and performance.
In a market where electric vehicles are gaining traction, Ola's rise could be just the beginning. The excitement around Ola Electric shares reflects the growing public sentiment towards clean and efficient transportation. Fun fact: Did you know that India aims to transition 30% of its total vehicle fleet to electric by 2030? With its innovative products and strategic plans, Ola Electric is definitely one to watch on this electrifying journey! To all the ride-hailing fans: keep your eyes peeled because with Ola Electric, we might just see more affordable e-scooters and cars hitting the Indian roads soon!
Ola Electric shares locked in 20% upper circuit for second session, rising above ₹100. Stock opened at ₹97.21 on BSE, hitting intraday high of ₹109.41.
Ola Electric Share Price NSE: Shares of the recently listed Ola Electric surged 20% today, hitting the upper circuit limit of Rs 109.41 on the BSE, on the ...
Ola Electric Mobility shares have been trading higher since their listing on Friday, August 9, 2024, and have climbed 43.97 per cent so far.
Ola Electric's three-day IPO earlier this month saw an overall subscription of 4.45 times, receiving bids for 198.17 crore shares, as against the 44.5 crore ...
Shares of Ola Electric Mobility soared another 20 per cent, hitting its daily circuit limit to Rs 109.44 on Monday, with total market capitalization of more ...
Ola Electric shares rose 20% over the maximum permitted price of ₹91.20, more than the ₹76 per share initial public offering price on Friday.
On Monday (August 12), the shares of Ola Electric touched a fresh high of INR 109.41 on BSE, 20% higher compared to its previous close.
Ola Electric Share Price: Ola Electric का Share जहां 76 रुपये के भाव पर फ्लैट लिस्ट हुआ था, वो अब 2 ही दिनों में 109 रुपये पर पहुंच गया है, यानी कि ...
Ola Electric Shares: ओला इलेक्ट्रिक का शुद्ध घाटा लगातार चार वित्त वर्षों से बढ़ रहा है लेकिन इस दौरान रेवेन्यू भी लगातार इजाफा हुआ।
Ola Electric share price: ओला इलेक्ट्रिक मोबिलिटी ने अपने निवेशकों को मालामाल कर दिया है। ओला के शेयरों आज 20 पर्सेंट का अपर सर्किट लगा ...
Ola Electric Stock Price: ओला इलेक्ट्रिक की तिमाही नतीजे 14 अगस्त को आयेंगे. बेहतर नतीजों की उम्मीद में भी स्टॉक में तेजी नजर आ रही है.
Ola Electric shares on the second trading day are locked in 20 per cent upper circuit. On its debut day also the stock closed locked in 20 per cent upper ...
Ola Electric had a subdued start on the Dalal Street on Friday, where its shares were listed at the issue price of Rs 76.
Ola Electric Share: सोमवार को Ola Electric का शेयर 20% बढ़कर 109.44 रुपये पहुंच गया है. इससे पहले लिस्टिंग के दिन यानी 9 अगस्त इस शेयर ...
Ola Electric's stock price increased by 44% two days after its market debut. The surge followed the company's notable 35% share in the electric two-wheeler ...
The newly listed company's shares made a debut at par with the issue price of Rs 76, but have since been rising to rally 58 percent in just three days.
Ola Electric Mobility's shares surged 71%, reaching Rs 130 from the listing price of Rs 76, within three days. The market cap exceeded Rs 51000 crore.
Ola Electric share price: The stock surged 18.82 per cent to hit a record high of Rs 130. Last checked, it cooled off from the mentioned high level and was ...
On Monday, the scrip of Bhavish Aggarwal-led electric two-wheeler company surged 20% to ₹109.4 the upper circuit limit. On Friday, its listing day, ...
Stock market news: Ola Electric share price listed at ₹76 on Friday last week and touched an intraday high of ₹129.40 apiece during Tuesday deals.
After a subdued debut, the stock price of the electric vehicle company has been consistently increasing.
At the day's high on Tuesday, shares of Ola Electric had risen nearly 70% from their IPO price.
The firm, led by Bhavish Aggarwal, is set to hold its first board meeting post-listing on August 14.
Ola Electric Mobility Ltd. shares jumped 42 per cent over their issue price in the first three trading sessions. The Bengaluru-based startup is being closely ...