India's Ola Electric rises on plans to launch first non-vehicle product

Ola Electric Mobility

15/10/2025 06:20

** Ola Electric Mobility OLAE.NS rises 5% to 52.74 rupees

** Promoter and CMD Bhavish Aggarwal says co to launch first non-vehicle product this Diwali

** Electric scooter maker likely to foray into energy storage segment, per multiple media reports

** Stock rated "hold" on avg; median PT is 45 rupees, per data compiled by LSEG

** YTD, OLAE falls 38.5%

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))