OLA Electric Mobility rises on rolling out `Ola Shakti` in Tamil Nadu
OLA Electric Mobility is currently trading at Rs. 39.85, up by 0.45 points or 1.14% from its previous closing of Rs. 39.40 on the BSE.
The scrip opened at Rs. 39.66 and has touched a high and low of Rs. 40.50 and Rs. 39.61 respectively. So far 1144618 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 80.75 on 01-Feb-2025 and a 52 week low of Rs. 30.79 on 18-Dec-2025.
Last one week high and low of the scrip stood at Rs. 44.02 and Rs. 37.95 respectively. The current market cap of the company is Rs. 17700.66 crore.
The promoters holding in the company stood at 36.78%, while Institutions and Non-Institutions held 10.02% and 53.19% respectively.
OLA Electric Mobility has rolled out its first ‘Ola Shakti’ from its Gigafactory, in Krishnagiri, Tamil Nadu. Ola Shakti marks the company's entry into the country's residential BESS market and takes the company beyond the automotive domain. It represents a fundamental shift in how Indians will access, control, and consume energy, as a portable, on-demand resource designed for modern Indian households, farms, and businesses. Ola Shakti, developed and manufactured at the company’s Gigafactory, represents its continued focus on innovation, localisation, and technological leadership. The Ola Shakti is powered by the company’s indigenous 4680 Bharat Cell.
Ola Shakti delivers automotive-grade safety, high-efficiency, and zero running and maintenance costs. Unlike conventional lead-acid inverters or diesel generators, Ola Shakti features instant 0 ms changeover time, operates across a wide input voltage range of 200V-240V protecting appliances from voltage fluctuations, and is spill-proof with IP67-rated batteries tested for dust, water, and monsoon conditions. Ola Shakti is available in four configurations: 1kW/1.5kWh, 1kW/3kWh, 3kW/5.2kWh, and 6kW/9.1kWh. The system can power air conditioners, refrigerators, induction cookers, farm pumps, and communication equipment, with charging times as fast as 2 hours and backup capacity of up to 1.5 hours on full load. The product is available for reservations on the Ola Electric website at Rs 999.
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 Future factory.
