New Delhi, Mar 18: Shares of Ola Electric Mobility Ltd soared 12.50 per cent after hitting a new record low earlier in the day on Tuesday. The stock jumped 12.56 per cent to settle at Rs 52.80 on the BSE. Earlier in the day, it hit a record low of Rs 46.32. Shares of the firm rallied 15.86 per cent to Rs 54.35 during the day. At the NSE, the stock surged 12.44 per cent to Rs 52.77. Tata Motors Price Hike 2025: Indian Automaker To Increase Prices for Passenger and Electric Vehicles From April, Hike Will Vary Based on Model, Variant.

The company's market valuation climbed Rs 2,597.98 crore to Rs 23,289.18 crore following a rebound in the stock. Ola Electric Shares Hit Record Low on NSE at INR 46.86 for First Time, Sink Over 70% From Peak After Insolvency Petition Against Subsidiary.

Shares of Ola Electric Mobility Ltd ended over 7 per cent lower on Monday after the firm said its vehicle registration service provider Rosmerta Digital Services Ltd has sought the initiation of insolvency proceedings against its wholly-owned arm Ola Electric Technologies Pvt Ltd.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)