Ola Electric shares rally 10% after promoter Bhavish Aggarwal completes stake monetization

Share Price: Ola Electric shares today gained after three-day of consecutive fall. Ola Electric shares today surged after the company confirmed the completion of a one-time, limited monetisation of a portion of the founder's personal shareholding. Ola Electric Share Price: Shares of Ola Electric are in uptrend today after promoter Bhavish Aggarwal completed a three-day stake monetization. Ola Electric shares opened 2 per cent higher at Rs 32.01 on NSE against the previous close of Rs 31.26. The counter extended the opening gains, hitting the upper circuit of 10 per cent at Rs 34.38. A total of 23.65 crore shares changed hands before trading was halted by the exchange. On the BSE, Ola Electric shares hit the roof at Rs 34.40 with spurt in volume by more than 4.04 times. Ola Electric shares today gained after three-day of consecutive fall. The stock is currently trading lower than all the key moving averages.