Ola Electric shares jump 10%, surge 120% in just 12 weeks. Does this rally have more steam left?
- Posted on June 9, 2026
- By Business News Today
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- 1 min read
Ola Electric shares jump 10%, surge 120% in just 12 weeks. Does this rally have more steam left?
Shares of Ola Electric Mobility surged 10% on Tuesday, extending a sharp rebound that has lifted the stock nearly 120% from its March low. Despite the rally, shares remain over 31% below their 52-week high and far from lifetime peak levels. Analysts see the breakout as an early trend reversal but caution that sustaining gains will require continued volume support and price stability.
