Ola Electric Stock Jumps as Excitement Builds for Independence Day Lau

Ola Electric shares have been on an impressive upward trajectory since their debut at 776. Rising rapidly, the stock has seen a 58% increase in just three days, driven by investor enthusiasm. On August 13, shares surged over 18% to 7129.40, marking a continuation of the company’s strong performance.

This rally comes just before Ola Electric’s Qi results announcement on August 14. Investors are eagerly awaiting the company’s first financial report since listing. The Bhavish Aggarwal-led company will hold a board meeting to review and approve its unaudited financial results for the quarter ending June 30, 2024.