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.

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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.