Shares of OLA Electric jumped over 5% in early trading on Friday, April 10, 2026, supported by strong buying interest and a sharp spike in trading volumes.
As of 9:19 AM IST, the stock was trading close to its intraday high after opening higher at ₹36.72 compared to the previous close of ₹36.32. The early momentum pushed the stock to an intraday high of ₹38.55, while the day’s low stood at ₹35.70, indicating a steady upward trend during the opening session.
The rally was accompanied by heavy market participation, with traded volumes reaching 9,28,01,535 shares within minutes of market opening.
Despite today’s strong move, OLA Electric remains significantly below its 52-week high of ₹71.25, while its 52-week low stands at ₹22.25.
In the meantime, Ola Electric reported a sharp turnaround in its operational performance for March, with vehicle registrations surging 150% year-on-year to 10,117 units, as per VAHAN data. This marks a strong recovery from February, when registrations stood at 3,973 units, indicating renewed demand momentum.
The company also saw a V-shaped recovery in market share on a month-on-month basis, continuing to gain ground through March, according to its April 1 regulatory filing. After facing service-related challenges in recent months, Ola Electric highlighted significant improvements in its after-sales operations, with over 80% of vehicles now being serviced on the same day. This has been driven by improved parts availability, faster diagnostics, and tighter control across its service network.