Ola Electric shares rally 19% as LFP cell becomes ready

Ola Electric Mobility shares jumped over 19% in intraday trade on Thursday to reach ₹36.27. The rally reportedly followed an announcement that the company's in-house Lithium Iron Phosphate cell is now ready. Despite this upmove, the scrip remains over 50% below its 52-week high of ₹71.24, with recent operational improvements boosting investor sentiment.