Ola Electric Mobility shares have garnered significant interest following their debut, surging over 17% on Monday morning, just one trading day after being listed on Friday.
While the stock listed at its issue price of ₹76, Ola Electric has since captured the attention of investors. The debut day ended with a 20% upper circuit on August 9, outperforming analysts’ expectations.
On August 12, Ola shares surged again, nearly hitting the 20% upper circuit, and trading at over 17%. As of 9:30 AM, the shares were trading 16.69% higher at ₹106.42.
- August 9 Performance:
- The stock opened flat at ₹76 and quickly gained momentum.
- It reached a day’s high of ₹91.18 multiple times throughout the day.
- The stock closed at ₹91.18 on the BSE, marking a 20% gain over the issue price of ₹76.
