Ola Electric jumps over 92%

New Delhi: Shares of Bhavish Aggarwal-led Ola Electric Mobility Ltd jumped 10 per cent to hit the upper circuit limit on Monday. Shares of the electric two-wheeler company made their market debut on August 9. From the issue price of Rs76, the stock is currently up 92.14 per cent. On Monday, the stock surged 10 per cent to Rs146.03 -- its upper circuit limit -- on the BSE. At the NSE, it soared 9.99 per cent to hit the upper circuit of Rs146.38. The company’s market valuation rallied to Rs64,411.35 crore. Shares of Ola Electric Mobility Ltd had surged 20 per cent on Friday to hit the upper circuit limit after the Ola Group announced its foray into the electric motorcycle segment with the launch of three models and two more in the pipeline. The company also reported a jump in revenue from operations for the April-June quarter of 2024-25.