Ola Electric Mobility is currently trading at RS. 50.44, up by 1.85 points or 3.81% from its previous closing of RS. 48.59 on the BSE.
The stock opened at RS. 48.54 and touched a high of RS. 51.10 and a low of RS. 47.81. A total of 22685677 shares have been traded so far.
The BSE group 'A' stock with a face value of RS. 10 has marked a 52-week high of RS. 133.02 on August 26, 2024, and a 52-week low of RS. 39.58 on July 14, 2025. Over the past week, the stock has seen a high of RS. 54.50 and a low of RS. 45.21. The current market capitalization of the company stands at RS. 22243.82 crore.
In terms of shareholding, promoters hold 36.78%, institutions 7.34%, and non-institutions 55.88%.
In a major development, Ola Electric Mobility has received certification for compliance with eligibility assessment requirements under the Production Linked Incentive (PLI) Scheme for the automobile and auto components sector, covering its Gen 3 scooter portfolio. The certification was granted by the Automotive Research Association of India (ARAI) under the Ministry of Heavy Industries, Government of India, for all seven Ola S1 Gen 3 scooters.
With this achievement, Ola Electric’s Gen 2 and Gen 3 scooter portfolio now holds PLI certification. The Gen 3 lineup, which includes S1 Pro 3 kWh, S1 Pro 4 kWh, S1 Pro+ 4 kWh, S1 X 2 kWh, S1 X 3 kWh, S1 X 4 kWh, and S1 X+ 4 kWh, represents the bulk of the company’s sales. This milestone is expected to significantly improve the company’s profitability starting Q2 FY26.
Ola Electric Mobility is a leading EV manufacturer that produces electric vehicles along with core EV components such as battery packs, motors, and vehicle frames at its Ola Future Factory.