Ola Electric shares rose 5% after the company announced a massive expansion of its retail network. The EV maker has increased its footprint to 4,000 stores nationwide, a four-fold jump from its previous network.
This includes over 3,200 new outlets, many co-located with service facilities. The expansion reaches beyond metro and Tier I & II cities, extending into smaller towns and tehsils. Ola Electric’s aggressive growth strategy aims to make electric mobility more accessible across India.
OLA Electric Mobility shares opened at ₹97.00 today, reaching a high of ₹99.95 and a low of ₹97.00 during trading. The stock’s 52-week range spans from a high of ₹157.40 to a low of ₹66.66, showcasing significant volatility.
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