Shares of OLA Electric Mobility surged sharply by over 7% in early trade on Friday, reflecting strong investor interest and robust market momentum. The stock touched an intraday high of ₹41.84, nearing its 52-week peak levels, supported by significant trading volumes.
The rally comes as the stock opened at ₹38.87, slightly higher than its previous close of ₹38.68. During the session, it dipped to a low of ₹38.58 before witnessing strong buying demand that pushed it toward the day’s high. Notably, the stock recorded an exceptionally high live volume of over 18.45 crore shares, indicating heightened participation from both retail and institutional investors.
On a broader scale, OLA Electric Mobility has shown considerable volatility over the past year, with a 52-week low of ₹22.25 and a high of ₹71.25.
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