📈 From Losses to Momentum: Ola Electric Stock Hits New Highs

shares surged over 12%, crossing the ₹61 mark today. This follows an impressive 34% rally in past three week, marking the third straight week of gains with over 34% returns in that period. The rally is fueled by multiple positives: Ola secured PLI certification for its Gen 3 scooter portfolio, covering all seven models including the S1 Pro and S1 X. This makes both Gen 2 and Gen 3 portfolios PLI-compliant, ensuring 13–18% incentives until 2028, boosting long-term profitability. Further optimism comes from Niti Aayog’s push to accelerate EV motorcycle adoption and Ola’s roadmap to launch products with its Bharat cell technology, enabling faster charging and longer battery life. Despite Q1 losses, structural improvements and upcoming PLI benefits position Ola for stronger margins ahead, adding fuel to the stock’s bullish momentum. ________________________________________ 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.