Bengaluru, January 2, 2026 Ola Electric Mobility Limited (NSE: OLAELEC | BSE: 544225) was trading firmly higher on Thursday, with the stock gaining nearly 7 percent in intraday trade, supported by sustained buying interest and positive investor sentiment following the company’s latest communication to shareholders.
As of 11:30 am IST, Ola Electric shares were trading at ₹40.14, up ₹2.62 or 6.98 percent from the previous close of ₹37.52. The stock opened at ₹37.89 and moved within a range of ₹37.72 to ₹40.77 during the session, indicating strong volatility and active participation.
Intraday trading snapshot (as of 11:30 am IST)
| Particulars | Price (₹) |
|---|---|
| Previous Close | 37.52 |
| Open | 37.89 |
| Day’s High | 40.77 |
| Day’s Low | 37.72 |
| Last Traded Price | 40.14 |
| VWAP | 39.70 |
Shareholder communication under focus
The intraday strength in the stock comes a day after Ola Electric issued a formal communication to its shareholders dated January 1, 2026, outlining key operational and strategic developments achieved during calendar year 2025 .In the message, the company highlighted multiple product launches and technology milestones, including the rollout of new electric two-wheeler platforms, over-the-air software upgrades, expansion of same-day delivery and service capabilities, and progress in indigenous EV component development. The communication also underscored the commencement of deliveries of vehicles powered by the company’s in-house battery cell technology across select states, with plans for wider national expansion.
The update positioned 2025 as a transition year focused on scale, innovation, and ecosystem building, while indicating an aggressive push across mobility and energy storage solutions going into 2026.
About the company
Ola Electric Mobility Limited is an India-based electric mobility and energy solutions company, engaged in the design, manufacturing, and sale of electric vehicles, battery technologies, and charging and energy storage solutions. The company is listed on both the NSE and BSE and operates integrated manufacturing and technology platforms aimed at accelerating EV adoption in India.Source:
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