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OLAELEC Ola Electric Mobility News Story

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India's Ola Electric set to snap five-week losing run on energy storage system launch

** Ola Electric Mobility OLAE.NS up 13.5% for the week to 56.4 rupees

** Set to snap a five-week losing streak

** Electric scooter maker launched energy storage system solution this week, its first non-vehicle product

** Stock has an average rating of "hold" from 7 analysts; median PT 45 rupees - data compiled by LSEG

** YTD, OLAE down 32.4%

 (Reporting by Vivek Kumar M)

 ((vivekkumar.m@thomsonreuters.com))

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