Ola Electric shares up 88% from record low: What’s behind the gains?

Saturday, September 26, 2026 - 09:51
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Shares of Ola Electric surged by 2.5% after a streak of five days of increases, yet they remain below previous peaks. The company has earned incentives of Rs 536.3 crore under the PLI scheme. Additionally, Ola Electric is set to raise Rs 1,500 crore and shift to a dealership approach.

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