OLA Electric Mobility is trading at RS 39.85, up by 0.45 points (1.14%) from its previous close of RS 39.40 on the BSE.

The stock opened at RS 39.66 and recorded a high of RS 40.50 and a low of RS 39.61 during the session. A total of 11,44,618 shares have been traded so far.

Classified in the BSE ‘A’ group with a face value of RS 10, the stock has touched a 52-week high of RS 80.75 (01-Feb-2025) and a 52-week low of RS 30.79 (18-Dec-2025).

Over the past week, the scrip recorded a high of RS 44.02 and a low of RS 37.95. The company’s current market capitalization stands at RS 17,700.66 crore.

Promoter shareholding in the company is 36.78%, while institutional and non-institutional investors hold 10.02% and 53.19% respectively.

In a significant development, OLA Electric Mobility has rolled out its first ‘Ola Shakti’ energy system from its Gigafactory located in Krishnagiri, Tamil Nadu. The launch marks the company’s entry into India’s residential BESS (Battery Energy Storage System) market, expanding its business beyond automotive applications. Ola Shakti aims to transform energy access for Indian households, farms, and businesses by offering a portable, on-demand power resource, built using the company’s indigenous 4680 Bharat Cell technology.

Ola Shakti ensures automotive-grade safety, high efficiency, and zero running or maintenance costs. Unlike traditional lead-acid inverters or diesel generators, the system features instant 0 ms changeover, supports an input voltage range of 200V-240V for appliance protection, and uses IP67-rated spill-proof batteries designed for dust, water, and monsoon resilience.

The product will be available in four configurations:
• 1kW / 1.5kWh
• 1kW / 3kWh
• 3kW / 5.2kWh
• 6kW / 9.1kWh

It can power high-demand equipment like air conditioners, refrigerators, induction cookers, farm pumps, and communication devices, offering charging times as low as 2 hours and backup support of up to 1.5 hours at full load. Reservations are open on the Ola Electric website for RS 999.

OLA Electric Mobility is engaged in manufacturing electric vehicles and core EV components, including battery packs, motors, and vehicle frames at its Ola Future Factory.