Ola Electric Mobility Extends Rally; Stock Surges Over 12% in Third Straight Winning Session

Shares of

continued their strong upward momentum, rising over 13% today (Apr 9, 2026) and marking the third consecutive session of gains. Notably, the stock had already hit the 20% upper circuit in the previous session. In fact, the stock has closed in the green in 6 out of the last 7 trading sessions, and surged over 42% in this week, reflecting sustained buying interest. The rally is supported by improving business fundamentals. The company reported that daily orders in the last week of March 2026 crossed 1,000 units, while monthly registrations surged to 10,117 vehicles in March from 3,973 in February—registering over 150% month-on-month growth. Additionally, a V-shaped recovery in market share indicates renewed demand and improving investor confidence following earlier service-related concerns. 📌 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.