FinanceET Techabout 2 hours ago
Ola Electric Shares Surge 10% in Three-Day Rally
4 min read
Ola Electric Mobility shares jumped nearly 10% to Rs 41.44 on Wednesday, extending a three-session rally and gaining over 86% from a March low. The EV scooter maker's market capitalisation topped Rs 19,000 crore. Brokerages remain cautious, with Citi and Kotak maintaining Sell calls and Goldman Sachs Neutral, citing weak volumes, lower margins and cash burn.
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