Ola Electric Shares Surge, Doubling Investor Wealth in Just 7 Trading Sessions

North News
Chandigarh, August 20
Ola Electric’s shares have delivered substantial returns, more than doubling investor wealth in a mere seven trading sessions. As per The BSE, the stock skyrocketed by 107% from its listing price of ₹75.99 per share. Although the shares debuted without a premium, they quickly gained momentum, ending their first trading day with a 20% increase.

The company’s stock performance has been impressive enough to warrant a revision of its upper price band from 20% to 10% on Friday, marking the third time in five sessions that it hit the upper circuit. The rapid appreciation has made Ola Electric one of the most talked-about stocks, significantly rewarding early investors as the company strengthens its foothold in the booming electric vehicle industry.