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Ola Shares Surge 18% on PLI Boost

Financial Express Kochi

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September 02, 2025

SHARES OF OLA Electric surged over 18% on Monday to hit an intraday high of ₹63.79 on the National Stock Exchange (NSE), supported by a sharp recovery in electric two-wheeler sales and production-linked incentive (PLI) certification for its top-selling scooter portfolio.

- NARAYANAN V

The stock closed at ₹62.97, up 16.5% over Friday's close. It gained in six of the last 10 sessions and is up more than 59% from the 52-week low of ₹39.60 touched on July 14.

PLUS D'HISTOIRES DE Financial Express Kochi

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Reduce exposure in small caps, shift to large caps

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time to read

3 mins

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'Will be debt-free in 2-3 yrs & funding our own capex'

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Small brands score big as FMCG giants pad up to take them on

Challenger brands are able to price their products below the generally accepted price points

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