India's Ola Electric surges on multiple block deals at premium

Ola Electric Mobility

20/08/2025 06:05

** Indian e-scooter maker Ola Electric OLAE.NS jumps 12.2% to 50.3 rupees, its highest level since early-June

** Shares of OLAE changed hands in 89 block deals priced between 45.4 rupees to 50.63 rupees, data compiled by LSEG showed

** Block deals at 1.3%-12.9% premium on Tuesday's last close

** Overall, about 350 million shares traded, 2.9x the 30-day avg

** Stock down ~42% so far in 2025

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))