Ola Electric Hits the Jackpot: Stock Price Hits Upper Circuit Limit

Summary Ola Electric Mobility Ltd's stock saw a significant rise on August 19, hitting its upper circuit limit on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The stock price nearly doubled since its market debut, reaching Rs 146.03 per share on the BSE and Rs 146.38 per share on the NSE. This surge follows a strong performance on its listing day and a positive recommendation from global brokerage HSBC, which had set a target price of Rs…

By Vishal Kumar

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