After a 60% rally, can Ola Electric shares extend gains following 20% MoM sales growth in April?
- Posted on May 1, 2026
- By Business News Today
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- 1 min read
After a 60% rally, can Ola Electric shares extend gains following 20% MoM sales growth in April?
Ola Electric shares have surged over 60% from recent lows, supported by a 20% month-on-month rise in April registrations. Despite a broader industry decline, the company posted growth, boosting sentiment. Analysts remain cautious, citing slow EV adoption and execution risks, while maintaining a positive near-term outlook.
