Ola Electric shares rise 4% after it resolves 99% user complaints

Shares of Ola Electric surged over 4% to ₹85.3 on Tuesday after it announced that it has resolved nearly 99.1% of the 10,644 complaints received from the Central Consumer Protection Authority (CCPA). The announcement comes just ahead of the CCPA's October 22 deadline. Ola Electric's stock price has fallen over 25% in one month owing to rising customer complaints.