India's Ola Electric on track for best week since August 2024

Ola Electric Mobility

10/04/2026 07:37

** Shares of India's Ola Electric Mobility OLAE.NS on track for 28.16% weekly gain, eyes best week since August 2024

** Stock up 5.12% at 38.18 rupees on the day

** Electric vehicle maker said on April 7 it has completed its in-house developed lithium iron phosphate (LFP) battery, which could help lower costs and support wider adoption

** Trading vols at 467.2 million shares vs 30 day avg of 124 million shares

** OLAE on avg rated "sell" by 8 analysts; median PT is 24.50 rupees- LSEG data

** YTD stock up 0.22%

 (Reporting by Devika Nair in Bengaluru)

 ((Devika.MadhusudhananNair@thomsonreuters.com;))