Ola Electric Mobility trades jubilantly on launching Roadster electric motorcycles
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
OLA Electric Mobility is currently trading at Rs. 124.00, up by 13.36 points or 12.08% from its previous closing of Rs. 110.64 on the BSE.
The scrip opened at Rs. 119.30 and has touched a high and low of Rs. 128.09 and Rs. 117.00 respectively. So far 7068757 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 130.00 on 13-Aug-2024 and a 52 week low of Rs. 75.99 on 09-Aug-2024.
Last one week high and low of the scrip stood at Rs. 130.00 and Rs. 75.99 respectively. The current market cap of the company is Rs. 48801.42 crore.
The promoters holding in the company stood at 70.65%, while Non-Institutions held 29.35% stake in the company.
Ola Electric Mobility has launched electric motorcycles i.e. Roadster, Roadster X and Roadster Pro with prices starting from Rs 74,999, Rs 1,04,999, and Rs 1,99,999 respectively. Built on the scalable, modular, integrated Ola Motorcycles platform, the motorcycles sport a minimalist, futuristic, and monolithic design language. Additionally, Ola Electric teased two of its upcoming models, Sportster and Arrowhead.
Further, the company will integrate its cells in its own vehicles starting Q1 FY26. The company also showcased the indigenously developed Bharat 4680 cell and battery pack, new Gen-3 platform and MoveOS 5 at Sankalp 2024 - Ola’s annual launch event at its Futurefactory in Krishnagiri, Tamil Nadu on August 15, 2024.
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.
