Ola Electric Mobility gains on commencing deliveries for S1 Gen 3 scooter portfolio across India
OLA Electric Mobility is currently trading at Rs. 56.26, up by 0.26 points or 0.46% from its previous closing of Rs. 56.00 on the BSE.
The scrip opened at Rs. 57.69 and has touched a high and low of Rs. 58.90 and Rs. 54.81 respectively. So far 1377120 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 157.53 on 20-Aug-2024 and a 52 week low of Rs. 46.32 on 18-Mar-2025.
Last one week high and low of the scrip stood at Rs. 58.90 and Rs. 46.32 respectively. The current market cap of the company is Rs. 24458.05 crore.
The promoters holding in the company stood at 36.78%, while Institutions and Non-Institutions held 6.63% and 56.58% respectively.
Ola Electric Mobility has commenced deliveries for its S1 Gen 3 scooter portfolio across India. Following the successful launch of the Gen 3 scooters, customers can now experience the next level of EV technology firsthand. The company has started the delivery of the S1 Gen 3 portfolio, which includes the flagship S1 Pro+ along with S1 Pro and S1 X, through its extensive network of Ola Electric stores and direct to home delivery services.
At the pinnacle of innovation and engineering, the Gen 3 platform delivers the next level of performance, efficiency, safety, and reliability. The entire portfolio now sports a mid-drive motor and chain drive for optimised performance and reliability, and an integrated MCU (Motor Control Unit) for better range and efficiency. Over the Gen 2, Gen 3 offers 20% increase in peak power, 11% reduction in cost, and 20% increase in range.
Ola Electric Mobility is an electric vehicle company that primarily manufactures electric vehicles and certain core components for electric vehicles such as battery packs, motors, and vehicle frames at the Ola Futurefactory.
