Ola Electric shares fall 7% on profit booking after 40% three-day rally
- Posted on April 13, 2026
- By Business News Today
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Ola Electric shares fall 7% on profit booking after 40% three-day rally
Ola Electric shares dipped 7% as investors booked profits after a 40% rally. The stock's surge was fueled by in-house battery progress, PLI certification, and a historic milestone of over 1 million cumulative registrations. However, concerns remain regarding profitability and weakening revenue trends.
