Ola Electric share price: At what level does stock become a BUY after 50% rally? Analyst view

Share Price Target 2025: Ola Electric Mobility shares have soared more than 50 per cent over the past month. On Monday (September 8), Ola Electric shares zoomed nearly 8 per cent to make an intraday high of Rs 64.35 -- reversing the two days of losses. Around 1 PM, the counter traded 5 per cent higher at Rs 63. More than 22 crore shares of the company changed hands around the same time. Speaking to ET NOW Swadesh, Gaurav Bissa - Senior Vice President at InCred Capital, has said that Ola Electric is definitely a positional trade. The market expert said that he had earlier recommended buy call on Ola Electric for a target price of Rs 85. But now the counter has rallied vertically, so my "recommendation is wait for correction to make fresh longs".