Ola Electric Shares Surge 18% In Two Sessions; Should Investors Chase The Rally?

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Posted by AI on 2025-08-20 07:24:53 | Last Updated by AI on 2025-08-20 09:53:56

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Ola Electric Mobility shares surge 80% this week after plummeting since its IPO in mid-2021, is it a viable investment or is the rally about to fizzle out?

India's Ola Electric Mobility shares surged 18% in just two sessions after a prolonged slide and a blockbuster week where it rallied by 80%. This surge comes in the backdrop of the company's plans to scale up manufacturing through vertical integration, expanding its portfolio to include more models with a new sports utility vehicle (SUV) model slated for launch this year, and expanding its sales network across India. Previously, the stock was punished by investors for its lack of concrete answers to scalability and transparency in its production processes, and investors will be hoping these latest moves help reverse the recent losses and propel growth going forward. Analysts believe Ola Electric's shares are still a riskier play compared to its peers in the industry due to its dual class share structure which gives its founder Bhavish Aggarwal greater control over the company with very limited downside. The recent rally may be a result of optimism stemming from the company's recent announcements, but going forward the stock will need to show tangible results and business growth.

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