Ola Electric gains 10% on strong volume in third consecutive rally

Shares of Ola Electric Mobility climbed 10% amid robust trading volumes, marking the third successive day of gains for the EV maker. The strong performance reflects renewed investor interest in the company following a period of weakness earlier in the year.

The stock has recovered significantly from its 52-week low of ₹22.25, which was recorded in March 2026. The recent rally has pushed valuations substantially higher, with shares now trading at levels that represent an 86% surge from those lows.

The consecutive gains suggest a shift in market sentiment toward the electric vehicle sector and Ola Electric specifically. Elevated trading volumes accompanying the price movement indicate active institutional and retail participation in the stock.

The recovery comes amid broader industry developments in India's electric vehicle market, where companies are ramping up production and expanding charging infrastructure. Analysts will be watching whether the current momentum can be sustained in coming trading sessions, particularly given the sensitivity of EV stocks to policy announcements and demand indicators.