Ola Electric Share Price Jumps 16%

Ola Electric's stock makes headlines with a significant price jump—what’s driving the surge?

Ola Electric's Stock Surge

Ola Electric's stock jumps 16%, hitting ₹126.99 as of 11:00 AM, as it expands into the electric motorcycle segment.

New Electric Bike Models Launched

Ola introduces three new electric bikes: Roadster Pro, Roadster, and Roadster X, with prices starting from ₹74,999.

Innovative Battery Tech

Ola plans to integrate its own cells in vehicles by FY26, showcasing its Bharat 4680 cell at the launch event.

Ola's Market Expansion

Bhavish Aggarwal highlights Ola's aim to boost electric vehicle penetration in India's motorcycle market.

Strong Revenue Growth

Ola's Q1 revenue grew by 29% to ₹1,644 crore, with record deliveries of 1,25,198 units.

Approaching EBITDA Breakeven

Ola Electric's automotive segment nears EBITDA breakeven, with an improved margin of 1.97% for Q1 FY25.